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MarketWatch
The best U.S. metro area for first-time home buyers is this Texas pandemic boomtown
The housing market is tough to navigate, particularly for first-time buyers, but a new report reveals the top five metro areas for such value-conscious prospective buyers. For those seeking affordable cities, or metropolitan areas, to put down roots, some of the best options are — no surprise — outside of such big cities as New York and the District of Columbia. According to a report by personal-finance site Bankrate, which looked at the top 50 metro areas by population, and ranked them based on affordability, job market, market tightness, and wellness and culture, the best metro area for a first-time buyer was Austin, Texas.
