Best and Worst Markets for First-Time Homebuyers

I know what it feels like to be a first-time homebuyer. There’s so much to think about and so many factors to take into consideration before making the jump to being a homeowner. It can be overwhelming. But staying updated and making an informed decision can help.  

In a recent article from HousingWire, housing experts took a look at 2017’s Spring buying season and what we might expect. While rates may be rising and inventory is tight, not all markets are the same. 

Find out which markets are expected to be the best and the worst for first-timers in 2017. Read the full article and review the detailed chart which ranks the toughest and easiest states for first-time homebuyers based on five key measures:

  1. Housing affordability
  2. The job market for young adults
  3. Housing market tightness
  4. Credit availability
  5. Homeownership among the under-35 crowd

After reading it, do you have questions about your area? I’d be happy to discuss them with you. Give me a call or send me an email anytime! If 2017 is your year to buy, I hope that you’ll give me a chance to help you fulfill that dream.