Buying a home on your own is no easy task. Not only is the home search a challenge, but you must also save up for a down payment and secure lending. Homeownership remains a dream for many Americans, therefore, SmartAsset ranked over 64 cities in America across the same seven factors to find the best cities for first-time homebuyers.
The Lone Star State shined as a top state for first-time homebuyers and three cities in Texas ranked in the SmartAsset top 10 list. The data concluded that buyers preferred locations with stable housing markets and low market volatility, much like San Antonio. San Antonio ranked 6th for home affordability and mortgage accessibility for first-time homebuyers. Much of their ranking weighed on the fact that in the past five years the city has only experienced a few declines in the home price index and has remained attainable.
Whether you are interested in renting or buying a home for the first time one of our real estate agents can help. All of our apartment finders are knowledgeable with the tools needed to help you find the perfect place to live in San Antonio – whether buying a house or renting an apartment!