The Best Markets for First-Time Homebuyers Is … – NMP 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
President Trump Cancels 21st Century ROAD To Housing Act

Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo

Jun 24, 2026
Commercial, Multifamily Mortgage Debt Tops $5 Trillion In Q1

MBA says outstanding debt grew by $26.3 billion in the first quarter, led by multifamily lending and increased holdings from banks, agencies, and life insurers

Jun 18, 2026
Fed Holds Rates Steady, But Outlook Dims For Mortgage Rate Relief

The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes

Jun 18, 2026
Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

Jun 17, 2026
Florida Pending Sales Signal Strong Summer Housing Market

Closed sales rise for a ninth straight month as inventory gives buyers more negotiating power

Jun 16, 2026
Trump Taps Former CFPB Deputy Brian Johnson To Lead Bureau

MBA backs the nomination as lenders await clarity on the future direction of consumer finance regulation under the Trump administration

Jun 12, 2026