Where Are the Best Cities for First-Time Buyers?

According to the National Association of Real Estate, nearly 40 percent of homebuyers in 2018 were millennials, and that trend is expected to continue. If you’re included in that group of homebuyers who are looking to purchase your first place this year, you probably have one big question: “Where?!”

WalletHub’s new 2019’s Best & Worst Cities for First-Time Home Buyers report should help. The financial website studied “300 cities of varying sizes across 27 key indicators of market attractiveness, affordability and quality of life” to determine the best places for first-time buyers across the country. Their three key dimensions were: Affordability, Real-Estate Market, and Quality of Life, which were then evaluated using 27 relevant metrics including but not limited to: cost per square foot, price appreciation, recession recovery, millennials homeownership rates, weather, job market, crime rate, and quality of local schools. (Click here to read.)

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