For those entering the market for the first time in 2017, affordability and loan approval rates were the most critical factors. SmartAsset highlighted these as the most accessible:
Based on 2017 forecasts from major authorities like Realtor.com and Forbes , these metros were positioned as the premier destinations for buyers and investors. Key Buying Driver Projected Sales Growth High demand from retiring boomers and steady price gains. Dallas, TX Ranked #1 for investment; fastest-growing home prices. Austin, TX Top-ranked for general desirability and quality of life. Los Angeles, CA High demand from Millennials despite higher entry prices. Boston, MA
Strong Millennial buying force and solid price appreciation. Rising as an affordable alternative to the Bay Area. Raleigh, NC Booming tech sector and high quality of life. Jacksonville, FL Exceptional job growth and general affordability. Orlando, FL
: Known for a high loan funding ratio (74%) and very low market volatility.
: Ranked as the #1 city for first-time buyers due to its stable market and high loan funding rates.