After all, self-made billionaire Warren Buffett says that real estate is a valuable asset "for a great many people." Some experts even go as far as saying that not prioritizing homeownership is "the single biggest mistake millennials are making."
If you want to get in the game, consider looking in the best states for first-time buyers, as determined by personal finance site GOBankingRates in a recent report. The site ranked all 50 U.S. states based on foreclosure rates, the share of the market represented by first-time home buyers and the median listing price for homes.
Here are the top 12 states for first-time home buyers.