Hmmm
It's possible and it is lovely when it goes well (I had homebirth with DS2 last year).
However, even though I had an unpleasant time of it in hospital with DS1, I'm not sure it's 100% a good idea with your first. Thing is, for the first one,you don't know whether you'll be a person who pops 'em out dead easy or has a tough time of it. Last time I looked, around 40% of first time mothers planning a homebirth ended up transferring (largely because things were taking their time).
If you're a long way from your maternity unit, then it would certainly make me nervous.
So I guess I'd suggest you keep your options as open as possible - you can plan for a homebirth, but still visit your local unit, decide where you'd want to go if you had to transfer etc. Build a birthplan that is flexible enough to cover all three options: birthing at home, transferring in and birthing in a hospital environment.
If you get a good homebirth, it's a lovely thing, but for your own peace of mind, think carefully about your safety nets....