Indianapolis Named Best Place for First-Time Home Buyers

Posted from: http://www.zillow.com/blog/indianapolis-first-time-buyers-196738/

Indianapolis is the best market for first-time home buyers right now, according to Zillow’s latest analysis. Pittsburgh and Memphis are also high on the list of places that are the easiest for first-time buyers.

To determine the list, Zillow looked at:

  • Median home values. Lower home values means buyers need less cash for a down payment to break into the housing market.
  • Affordability.┬áThe places where mortgage payments take up a s…

Posted from: http://www.zillow.com/blog/indianapolis-first-time-buyers-196738/

Indianapolis is the best market for first-time home buyers right now, according to Zillow’s latest analysis. Pittsburgh and Memphis are also high on the list of places that are the easiest for first-time buyers.

To determine the list, Zillow looked at:

  • Median home values. Lower home values means buyers need less cash for a down payment to break into the housing market.
  • Affordability.┬áThe places where mortgage payments take up a s…

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