The housing market is improving in many cities across the country, but that also means it’s likely more competitive and challenging for first-time homebuyers. So, where are conditions best for newbie buyers?
LendingTree recently released a new study ranking the best and worst markets for first-time homebuyers. They looked at issues most critical to new buyers, including average down payment amount and percentage, share of median priced homes, share of buyers using an FHA mortgage.
We’re sharing how down payment programs in these best and worst markets may help buyers achieve homeownership even sooner. keep reading