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SANTA CLARA, Calif., April 8, 2021 /PRNewswire/ First-time buyers looking for an affordable home as well as job opportunities and quality of life may have to bypass major urban cities for more rural, secondary cities as the competition heats up for finding a home. In fact, they will have the best luck in Bloomington, Ill., according to realtor.com
® s 2021
With four of the top 10 markets, the Midwest ranks as the best region of the country for first-time home buyers, who according to the National Association of Realtors
®, account for nearly one-third of recent buyers. Iowa City, Iowa, ranked No. 2 in this analysis followed by Kalamazoo, Mich.; Great Falls, Mont.; Eau Claire, Wis.; Savannah, Ga.; Schenectady, N.Y.; Taylorville, Utah; Harrisonburg, Va. and Rapid City, S.D.
These Are the Best Cities for First-Time Home Buyers in 2021
These Are the Best Cities for First-Time Home Buyers in 2021
Smaller cities could offer more options for first-time home buyers, as competition is expected to heat up across the country in the coming months.
Elena Cox, provided by
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With home prices rising just about everywhere, first-time buyers are set to enter one of the most competitive markets imaginable this spring. Across the country, homes are selling within days and after multiple offers, pricing out buyers of all ages especially millennials, who ve made up the majority of first-timers for the past few years.