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
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