Prime Locations
Homebuyers in recent years have had to deal with soaring home prices, a competitive market, and, more recently, rising mortgage rates, all of which have made it difficult for first-time homebuyers. But there are some markets where housing remains more affordable for young homebuyers, according to Realtor.com. It ranked 659 cities for factors such as the percentage of 25- to 34-year-olds in the local population, the availability of homes for sale, and affordability to determine the best markets for first-time homebuyers in 2023. Cheapism has highlighted the Top 10.