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McAllen Named Top U.S. City for Young Homebuyers Seeking Mortgages

· Texas Border Business

The McAllen-Edinburg-Mission metropolitan area has been recognized as the second-most accessible market in the U.S. for young homebuyers, according to a 2026 ConsumerAffairs analysis. The study revealed that 46.3% of home purchase loans in McAllen went to buyers under 35, the highest percentage nationwide. Additionally, the area boasts a homeownership rate of 20.1% among residents under 35, second only to Baton Rouge. With a median home sale price of $209,859, the lowest among the top 100 metros, and significant reliance on FHA loans, McAllen offers an attractive environment for young families and first-time buyers.

AI summary · Source: Texas Border Business

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