{"id":17934,"date":"2020-10-13T13:06:09","date_gmt":"2020-10-13T13:06:09","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=17934"},"modified":"2020-10-13T13:06:09","modified_gmt":"2020-10-13T13:06:09","slug":"10-cities-for-first-time-buyers-in-2020","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/10-cities-for-first-time-buyers-in-2020\/","title":{"rendered":"10 Cities for First-Time Buyers in 2020"},"content":{"rendered":"

10 Cities for First-Time Buyers in 2020<\/h1>\n
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Millennials are reportedly accelerating their homebuying timelines due to the COVID-19 pandemic, according to a new survey by realtor.com\u00ae and HarrisX of 2,000 buyers<\/a>. Low mortgage rates and more available savings for a down payment, accumulated during stay-at-home periods earlier this year to fight the pandemic, have unleashed a wave of buyers the real estate market has long been waiting for.<\/p>\n

But which cities offer the best prospects for first-time buyers in 2020?\u00a0SmartAsset, a personal finance website, compared 185 of the largest cities in the U.S. on 12 metrics, including home market favorability (price-to-rent ratio, five-year home value appreciation, and foreclosure rate); affordability (under-45 homeownership rate, down payment-to-income ratio, housing costs); employment; livability; and more.<\/p>\n

The following are the top cities for first-time home buyers in 2020, according to the analysis:<\/p>\n

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  1. Grand Rapids, Mich.<\/li>\n
  2. Henderson, Nev.<\/li>\n
  3. Virginia Beach, Va.<\/li>\n
  4. Boise, Idaho<\/li>\n
  5. Fort Wayne, Ind.<\/li>\n
  6. St. Petersburg, Fla.<\/li>\n
  7. Omaha, Neb.<\/li>\n
  8. Garland, Texas<\/li>\n
  9. Gilbert, Ariz.<\/li>\n
  10. Sioux Falls, S.D.<\/li>\n<\/ol>\n

    View the full list of top markets for first-time home buyers.<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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    Source:<\/div>\n
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    \u201cBest Cities for First-Time Home Buyers: 2020 Edition<\/a>,\u201d Smartasset.com (Oct. 6, 2020)<\/div>\n
    \u00a9National Association of REALTORS\u00ae
    \nReprinted with permission<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    10 Cities for First-Time Buyers in 2020 Millennials are reportedly accelerating their homebuying timelines due to the COVID-19 pandemic, according to a new survey by realtor.com\u00ae and HarrisX of 2,000 buyers. Low mortgage rates and more available savings for a down payment, accumulated during stay-at-home periods earlier this year to fight the pandemic, have unleashed … <\/p>\n

    Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-17934","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\n10 Cities for First-Time Buyers in 2020 - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/10-cities-for-first-time-buyers-in-2020\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-cities-for-first-time-buyers-in-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-cities-for-first-time-buyers-in-2020\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"10 Cities for First-Time Buyers in 2020\",\"datePublished\":\"2020-10-13T13:06:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-cities-for-first-time-buyers-in-2020\\\/\"},\"wordCount\":194,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-cities-for-first-time-buyers-in-2020\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/10-cities-for-first-time-buyers-in-2020\\\/\",\"name\":\"10 Cities for First-Time Buyers in 2020 - 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