Skip to main content

The Best Markets for First-Time Homebuyers Is …

Jul 20, 2016
WalletHub steps up with its list of the best markets for first-time homebuyers

Another day, another best-of list for a specific aspect of housing. Today, WalletHub steps up with its list of the best markets for first-time homebuyers.

In a data analysis of 300 metro markets that factored in considerations ranging from housing affordability to real estate tax rates to property crime levels, WalletHub offered a top 10 list of best locations for first-time homebuyers consisting of Overland Park, Kan.; Greeley, Colo.; Thornton, Colo.; Cedar Rapids, Iowa; Westminster, Colo.; Longmont, Colo.; Boise, Idaho; Lincoln, Neb.; Centennial, Colo.; and Lexington, Ky.

The worst metro area, according to WalletHub, was Newark, N.J. Santa Monica, Calif., scored the lowest housing affordability, 6.6 percent, while Detroit had the highest at 76.5 percent.

Source: WalletHub
About the author
Published
Jul 20, 2016
UWM, UMortgage Under Attack For Alleged Shell Scheme

A report released on April 25 by the hedge-funded media company alleges UWM set up a shell company, UMortgage.

Apr 25, 2024
More Questions Than Answers At Housing Finance Climate Summit

Government officials, housing leaders, and climate scientists meet to address climate change's escalating impact on housing.

Apr 22, 2024
Maximum Acceleration, Originator Connect Network Sign Exclusive CE Agreement

Pact gives OCN guaranteed live CE at shows, creates nationwide opportunity for Maximum Acceleration

Apr 17, 2024
CMG Acquires Norcom Mortgage's Retail Side

The 25-branch addition will enhance CMG’s northeastern presence from Maryland to Maine.

Apr 12, 2024
CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

NEXA Begins Search For New CFO

NEXA CEO retires the president position after Mat Grella's termination.

Apr 01, 2024