These Two Texas Cities Are the Best for First Time Homebuyers

DALLAS (KDAF) — A new report from Creditnews Research , analyzing America’s 50 largest metro areas, has determined the best (and worst) cities for first time homebuyers.

Based on the following criteria:

• Mortgage Affordability
• Market Access
• Bargaining Power
• Employment Growth
• Livability

Austin-Round Rock and San Antonio-New Braunfels were ranked second and third, respectively. Austin has experienced a population explosion in recent years, and Austin is also a top-10 city for employment growth and is one of the most livable cities in America when it comes to amenities, culture, and healthcare. The San Antonio-New Braunfels metro area is the third most affordable place for first-time homebuyers. And, San Antonio ranks second in market access, suggesting much lower competition among buyers than the national average. It’s also a top-10 area for employment and livability but doesn’t rank as highly as Austin in either category.

Other cities in the top five included Pittsburgh, Pennsylvania in first place, Birmingham-Hoover, Alabama in fourth place, and Jacksonville, Mississippi in fifth place.

To see the full report, including the worst cities for first time homebuyers, go here .

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