👏 BHAM RANKED 4TH FOR 1ST-TIME HOMEBUYERS: The national realty site
Realtor.com released its list of top markets for homebuyers, and Birmingham is on the list! Get the details on how Bham earned this spot👇
👨💻According to the report, realtordotcom considers Bham one of the top places in the country to buy a home for the first time.
The ranking was based on:
💰Affordability
🏌️♂️Local amenities
🏡 Housing availability
💵 Economic health
👉
Realtor.com’s report also looked at commute times, presence of other young people in the area + potential for housing appreciation.
Top 10 markets for first-time homebuyers:
📍Rochester, NY
📍Harrisburg, PA
📍Granite City, IL
📍Birmingham, AL
📍North Little Rock, AR
📍Syracuse, NY
📍Baltimore, MD
📍St. Louis Park, MN
📍Pittsburgh, PA
📍Garfield Heights, OH
🏠Bham’s median home price is $148,950.
🏦 A home is considered affordable if the monthly mortgage payment is under 30% of a buyer’s monthly income.
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