Home Mortgage

Top 10 Markets for First-Time Home Buyers
Low inventory levels and tight lending practices are making it tough for newbie home buyers, but these markets  are open for business.
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home buyers, sellers, real estate, market, home sales, real estate agent, realtor

A new report from Realtor.com find the best markets for first-time home buyers by taking into account popularity, prices, inventory, time on market and employment.

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Pittsburgh, Penslyvania, downtown Pittsburgh, Roberto Clement Bridge

1: Pittsburgh

Median Listing Price: $135,000
Median Age of Inventory: 128

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downtown Tampa, Florida

2: Tampa-St. Petersburg-Clearwater, Fla

Median Listing Price: $169,000
Median Age of Inventory: 88

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Trenton, New Jersey Capitol Building

3: Philadelphia PA-NJ (NJ)

Median Listing Price: $174,000
Median Age of Inventory: 141

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Texas Rangers, stadium, Fort Worth, ballpark, Texas

4. Fort Worth-Arlington, Texas

Median Listing Price: $175,000
Median Age of Inventory: 67

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Obama at Disney World

5. Orlando

Median Listing Price: $191,000
Median Age of Inventory: 81

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Jacksonville, Florida, St. Johns River, highway

6. Jacksonville, Fla

Median Listing Price: $198,000
Median Age of Inventory: 95

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philadelphia, traffic, transportation, highway

7. Philadelphia PA-NJ (PA)

Median Listing Price: $219,000
Median Age of Inventory: 121

*The greater Philadelphia area has two separate MSAs in the real estate world, one that encompasses those towns within Pennsylvania and one that encompasses those in New Jersey.

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Dallas, City of Dallas, Texas

8. Dallas

Median Listing Price: $224,000
Median Age of Inventory: 57

UNC_Chapel_Hill

9. Raleigh-Durham-Chapel Hill, N.C.

Median Listing Price: $227,500
Median Age of Inventory: 98

University of North Carolina

Phoenix Sky Harbor International Airport , Phoenix Airport, PHX

10. Phoenix-Mesa

Median Listing Price: $244,9000
Median Age of Inventory: 59

Top 10 Markets for First-Time Home Buyers

Low inventory levels and tight lending practices are making it tough for newbie home buyers, but these markets  are open for business.

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