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Texas dominates list of best markets for first-time homebuyers

AUSTIN – Texas dominated SmartAsset’s recent list of best U.S. housing markets for first-time buyers, with five cities landing in the top ten.

Killeen ranked first, a big leap from 89th last year. SmartAsset’s report said median home prices there were under $253,000 at the end of May, and the city has a one-year growth forecast of 7.4 percent.

Other Texas cities making the list were Wichita Falls (No. 2), McAllen (No. 3), Waco (No. 6), and Brownsville (No. 8).

SmartAsset’s study ranked 185 metro areas based on their affordability, growth potential, housing competition, and population.​

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