St. Louis Is The Best City For First-Time Buyers

St. Louis Is The Best City For First-Time Buyers

ByTMN Editor Reading Time: 2 minutes

First-time homebuyers will find the best mix of affordability, low competition, and young homeowners in Midwestern metros, a new report says. Zillow named the best markets for first-timers in 2024, with St. Louis taking the number one spot. Detroit, Minneapolis, Indianapolis, and Austin rounded out the top five. These cities offer reasonable prices and a…

Newly Built Home Share Hits Record-High

Newly Built Home Share Hits Record-High

ByTMN Editor Reading Time: 2 minutes

More than a third of US single-family homes for sale in December were newly built, the highest share on record, according to a new Redfin report. New construction accounted for 34.1% of single-family homes at the end of 2021, up from 25.4% year-over-year (YOY). These numbers are the result of builders trying to keep up…

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