Atlanta is the No. 4 market in the United States for first-time homebuyers this spring, according to a new Zillow analysis.
The listing platform ranked the 50 largest U.S. metros by metrics including rental affordability, for-sale inventory and demographics to determine the best areas to break into the housing market.
In Atlanta, renters spend a median 22.3% of their income on housing — anything less than 30% is considered affordable — allowing flexibility to save for a down payment. In the least accessible first-time markets, like New York, renters spend up to 37.1% of their income…