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The Best Cities for First Time Homebuyers This Year

For first-time homebuyers, 2023 brought challenges, but 2024 offers more favorable conditions. The Realtor.com economics team has identified the top 10 markets for first-time buyers this year. These cities provide affordable homes, job opportunities, short commutes, and various amenities.


1. Irondequoit, NY



  • Metro: Rochester, NY

  • Situated between the Genessee River and Irondequoit Bay, Irondequoit offers access to Lake Ontario, public beaches, and a quaint town atmosphere.


2. Benton, AR



  • Metro: Little Rock, AR

  • A small-town community between Little Rock and Hot Springs, Benton features landmarks like the Royal Theatre and affordable homes.


3. Winterset, IA



  • Metro: Des Moines, IA

  • Known for inspiring the movie "Bridges of Madison County," Winterset offers a family-oriented community with a rural feel.


4. Newington, CT



  • Metro: Hartford, CT

  • Despite a higher price tag, Newington provides proximity to neighboring communities, a pleasant downtown, and accessibility to various destinations.


5. Council Bluffs, IA



  • Metro: Omaha, NE

  • Situated on the western border of Iowa, Council Bluffs provides small-town living with proximity to Omaha's amenities and affordable homes.


6. Cheektowaga, NY



  • Metro: Buffalo, NY

  • A charming suburb with winter activities and parks, Cheektowaga offers accessibility to Buffalo and remains affordable.


7. Grand Rapids, MI



  • Metro: Grand Rapids, MI

  • Boasting a bustling downtown and family-friendly environment, Grand Rapids offers a mix of amenities and affordability.


8. Moore, OK



  • Metro: Oklahoma City, OK

  • Rebuilt after a tornado in 2013, Moore provides new amenities and outdoor spaces like The Station at Central Park.


9. Mattydale, NY



  • Metro: Syracuse, NY

  • Despite its small size, Mattydale offers affordability and charm, located near Syracuse with family-friendly activities.


10. Riviera Beach, MD



  • Metro: Baltimore, MD

  • Southeast of Baltimore, Riviera Beach offers a waterfront community with a mild climate and good value in housing.


As the housing market improves, these cities stand out for their affordability, amenities, and potential for first-time homebuyers to make a successful entry into homeownership.


For more information about this list, click here.
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