100 Most Influential Real Estate Leaders
The Inman 100 report, an annual list of the Most Influential Real Estate Leaders, recognizes those who embody leadership, ingenuity, strength, conviction, power, persistence, perseverance and progress -- their voices and actions can move the industry toward change.
They include the industry's brain trust, power brokers and deal makers, and those outside the industry who impact the business of buying and selling homes.
10 Prime Real Estate Markets for First-Time Buyers
As a group, first-time homebuyers are a bellwether of the real estate industry and the economy as a whole.
"What helps a first-time homebuyer is having a job and a good income to buy a home -- having hope for the future," said Mark Fleming, chief economist for data aggregator CoreLogic.
In order to identify 10 markets that are likely to have a higher-than-average share of first-time buyers, Inman News requested data from the U.S. Department of Housing and Urban Development (HUD) on first-time homebuyers with loans backed by the Federal Housing Administration (FHA).
The following are the 10 most popular areas in the U.S. for these first-time buyers. Four of the markets are in California's Central Valley, three are in the South, two are divisions of the Philadelphia-Camden-Wilmington metropolitan area in the Northeast, and one is in the Midwest.