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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.