PITTSBURGH — Seattle-based real estate website Zillow has released its list of the top U.S. metros for first-time homebuyers in 2023.
Zillow (NASDAQ: Z) said that it based the rankings on factors including mortgage and rent affordability, available homes for sale and the share of listings in each metro that saw a price cut. Overall, Zillow said that first-time homebuyers currently make up 45% of the market, up from 37% last year and finally rebounding to prepandemic levels.
Read more at Pittsburgh Business Times.
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