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Arizona ranks five cities in top 10 of most affordable for first-time buyers

Arizona has always banked on its reputation of being an affordable place to live, and a new report backs up that some of its cities are among the best for first-time buyers.

The key to that affordability is how far away from downtown Phoenix you want to live.

Five Arizona cities cracked the top 10 most affordable for first-time buyers, with others scattered among the top 100, in a report released this week from online financial site WalletHub.

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