{"id":3217,"date":"2017-04-10T00:00:00","date_gmt":"2017-04-10T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/top-cities-for-first-time-buyers-in-2017\/"},"modified":"2017-04-10T00:00:00","modified_gmt":"2017-04-10T00:00:00","slug":"top-cities-for-first-time-buyers-in-2017","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/top-cities-for-first-time-buyers-in-2017\/","title":{"rendered":"Top Cities for First-Time Buyers in 2017"},"content":{"rendered":"

\n<\/p>\n

\n \n

Affordability issues may be keeping some first-time buyers on the sidelines\u2014the percentage of homes purchased by this group has fallen to 32 percent, which is 8 percentage points below the historical norm, according to the National Association of REALTORS\u00ae\u2014but in some cities, homeownership is more accessible to millennials.<\/p>\n\n

In its third annual study, financial website SmartAsset.com released its findings for 2017’s best cities for first-time home buyers. To identify the cities, SmartAsset culled data from places with a minimum population of 300,000 and ranked them across seven key factors, including average value per square foot, loan<\/a> funding<\/a> rate, and market volatility.<\/p>\n\n

Texas had the most cities in the top 25 on SmartAsset’s list. The state is home to many mortgage<\/a> lenders<\/a>, and its local housing<\/a> markets are less volatile than other states, researchers note. The following are SmartAsset’s top 11 cities for first-time home buyers:<\/p>\n\n

  1. Pittsburgh<\/li>\n\t
  2. Oklahoma City<\/li>\n\t
  3. Omaha, Neb.<\/li>\n\t
  4. Indianapolis<\/li>\n\t
  5. Tulsa, Okla.<\/li>\n\t
  6. San Antonio<\/li>\n\t
  7. Houston<\/li>\n\t
  8. Colorado Springs, Colo.<\/li>\n\t
  9. Fort Worth, Texas<\/li>\n\t
  10. Louisville, Ky.<\/li>\n\t
  11. Wichita, Kan.<\/li>\n<\/ol>

    Source: \u201cThe Best Cities for First-Time Homebuyers in 2017,\u201d Smartasset.com (April 5, 2017)<\/em><\/p>\n<\/div>\n \n \n<\/pre>\n\n<\/div>\n\n\n
    [ad_2]\n
     link <\/a>\n<\/p>\n","protected":false},"excerpt":{"rendered":"

    Affordability issues may be keeping some first-time buyers on the sidelines\u2014the percentage of homes purchased by … Top Cities for First-Time Buyers in 2017<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3218,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[4751,1403,15239,12908,543,627,127,344,3781,408,10043,1007,41,818,15282],"class_list":["post-3217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-amazing","tag-buy","tag-chase","tag-home","tag-home-buying-guide","tag-homeowners","tag-homes","tag-housing","tag-housing-markets","tag-mortgage","tag-mortgage-lenders","tag-owners","tag-property","tag-real","tag-ross"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/-EtCH17x5qE","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8234,"url":"https:\/\/amazingproperty.com.ng\/blog\/government-must-adopt-policy-for-first-time-home-buyers\/","url_meta":{"origin":3217,"position":0},"title":"\u2018Government must adopt policy for first-time home buyers\u2019","author":"Amazing Property","date":"February 12, 2018","format":false,"excerpt":"Managing Director, Nigeria Mortgage Refinance Company (NMRC) Prof.Charles Inyangete (left) and Director, Dr. Femi Johnson during a press conference on the My Own Home Scheme, organised by the Nigeria Housing Finance Programme (NHFP) of the Central Bank of Nigeria in Lagos Amid the clamour for a robust mortgage system that\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"A Nmrc.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/A-NMRC.jpg?fit=640%2C359&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/A-NMRC.jpg?fit=640%2C359&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/A-NMRC.jpg?fit=640%2C359&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":8289,"url":"https:\/\/amazingproperty.com.ng\/blog\/first-time-buyers-may-have-it-easiest-here\/","url_meta":{"origin":3217,"position":1},"title":"First-Time Buyers May Have it Easiest Here","author":"Amazing Property","date":"February 16, 2018","format":false,"excerpt":"First-time home buyers are entering the market under tight inventory conditions and rising home prices. But not all cities are posing a challenge for those looking to break in to homeownership. A new study by LendingTree ranks the top cities for first-time home buyers in the nation\u2019s 100 largest cities.\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"1518809799 1 Rss.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/1518809799_1_rss.png?fit=779%2C619&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/1518809799_1_rss.png?fit=779%2C619&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/1518809799_1_rss.png?fit=779%2C619&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/1518809799_1_rss.png?fit=779%2C619&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":7882,"url":"https:\/\/amazingproperty.com.ng\/blog\/millennials-look-to-smaller-canadian-cities-for-dream-homes\/","url_meta":{"origin":3217,"position":2},"title":"Millennials Look To Smaller Canadian Cities For Dream Homes","author":"Amazing Property","date":"January 22, 2018","format":false,"excerpt":"A recent ranking of the top \"millennial hot spots\" in Canada had some surprising results. The country's biggest cities -- Toronto, Vancouver and Montreal -- didn't make the top five, despite their standing as employment and cultural hubs.\r \r To determine the best Canadian cities for millennials, research by Point2Homes\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Fd210e66efb51467b70e881f0d8348dc S.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/fd210e66efb51467b70e881f0d8348dc_S.jpg?fit=424%2C254&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8341,"url":"https:\/\/amazingproperty.com.ng\/blog\/whats-driving-canadian-cities-house-prices\/","url_meta":{"origin":3217,"position":3},"title":"What’s Driving Canadian Cities’ House Prices in Canada ?","author":"Amazing Property","date":"February 19, 2018","format":false,"excerpt":"\u00a0 It costs a lot more to buy a home in Toronto or Vancouver than it did in 2010. While some of the increase is relatively easy to explain, a lack of data makes it difficult to gauge how other factors, such as speculation, have driven up house prices in\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"House Prices","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/49e6985b651787a04feb3b41e19fa1b4_S.jpg?fit=424%2C277&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7293,"url":"https:\/\/amazingproperty.com.ng\/blog\/5-housing-trends-to-watch-for-2018\/","url_meta":{"origin":3217,"position":4},"title":"5 Housing Trends to Watch for 2018","author":"Amazing Property","date":"November 29, 2017","format":false,"excerpt":"Home shoppers may have it easier in 2018. Inventory constraints of for-sale homes and rising home prices may finally start to ease next year, according to realtor.com\u00ae\u2019s 2018 National Housing Forecast. \u201cNext year will set the stage for a significant inflection point in the housing shortage,\u201d says Javier Vivas, director\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Realtor.com Chart.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/realtor.com%20chart.png?fit=607%2C211&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/realtor.com%20chart.png?fit=607%2C211&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/realtor.com%20chart.png?fit=607%2C211&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":127998,"url":"https:\/\/amazingproperty.com.ng\/blog\/affordable-housing-markets-for-buyers\/","url_meta":{"origin":3217,"position":5},"title":"Affordable Housing Markets For Buyers","author":"Amazing Property","date":"October 21, 2024","format":false,"excerpt":"Finding the Most Affordable Housing Markets: A Guide for Homebuyers. Current Economic Landscape. The housing market faces significant challenges. Rising interest rates strain potential homeowners, making securing a mortgage increasingly difficult. A loan that seemed within reach yesterday might be unattainable today. Material costs pose another issue. Lumber and steel\u2026","rel":"","context":"In "RealEstate"","block_context":{"text":"RealEstate","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/realestate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/3217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=3217"}],"version-history":[{"count":1,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/3217\/revisions"}],"predecessor-version":[{"id":90463,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/3217\/revisions\/90463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/3218"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=3217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=3217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=3217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}