Here are the 17 best cities for first-time homebuyers

Zillow, a leading real estate and rental marketplace, has put out a list of the top housing markets for first-time homebuyers.

"These markets have more favorable conditions for first-time buyers to become homeowners. More challenging metros aren't out of reach for new buyers, but they should be prepared to face a more competitive buying environment," said Zillow Chief Economist Dr. Svenja Gudell.

The rankings are based on Zillow Real Estate Research's housing data and research covering more than 450 markets.

Here's the list of first-time homebuyers' best housing markets:

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