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10 Most Affordable Metros for First-Time Buyers in 2023

Pro Builder

Wichita, KS tops Zillow’s list of the best markets for first-timers with a 22 to 1 inventory to buyer ratio and price reductions in 22% of regional listings. Following closely behind is Toledo, OH, where the typical rent payment accounts for an average 29% of tenants’ income and 23% of listings are currently seeing price cuts. .

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Here Are the Most and Least Affordable Housing Markets in December 2022

Pro Builder

metros are home to skyrocketing prices and waning housing inventory, while others offer first-time buyers an affordable entrance into the for-sale market. Here Are the Most and Least Affordable Housing Markets in December 2022. Fri, 12/16/2022 - 09:43. Some major U.S.

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How Long Did It Take to Be a Home Owner in 2021?

Pro Builder

Record housing price appreciation and low inventory is dominating news about the real estate market, but the latest U.S. cities, accounting for either a 10% or 20% down payment on the median valued home in each place. . Census Bureau data shows that the homeownership rate actually hit 67.9% in the second quarter of 2020, up from 64.1%

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