Bargain Cities for First-Time Buyers

The shifts in markets throughout the country make many cities a great destination for first-time home buyers in 2008. Here are five example cities; all data is provided by Cyberhomes.com.

First Timers: Affordability is Job No. 1



Remember Your First Time?

According to a National Association of Realtors survey conducted from 2006 to 2007, the average first-time buyer purchases a home for $165,000. Other facts about the 10,000 survey respondents:

Average age: 31

Median household income: $58,600

Median down payment: 2 percent



See more Tips for First Time Home Buyers