10 Best And Worst Cities For First Time Homebuyers

Dated: 02/19/2017

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10 best and worst cities for first-time homebuyers

Texas dominates top 10 list

July 20, 2015Brena Swanson1 Comment

KEYWORDSFIRST-TIME HOME BUYERSHOUSINGWALLETHUB

Dallas skyline

There are countless reasons and explanations that play into what neighborhood is best for a homebuyer. 

To help ease the process, WalletHub compiled a list of 300 U.S. cities to determine the attractiveness of their first-time homebuyer markets.

When it comes to what homebuyers should conider when choosing a neighborhood, Robert Van Order, the Oliver Carr Chair in Real Estate and Professor of Finance and Economics at The George Washington University School of Business, said:

“(It) depends on how long they expect to stay and the type of unit. If short run and, say, a condo, look to how strong sales have been and if they can resell. If more permanent, it depends on lifestyle – e.g., if looking to raise kids, first thing might be schools. Be sure to study sales of comparable housing in the area.”

WalletHub assessed the real-estate landscape within 300 U.S. cities by examining three key dimensions: housing affordability, real-estate market and living environment.

And here are the top 10 best cities for first-time homebuyers

Click to enlarge

WalletHub

Source: WalletHub

The worst 10 cities for first-time homebuyers

Click to enlarge

WalletHub

Source: WalletHub


Olga Telesin is a Colorado Realtor working with Exit Realty DTC. Whether you are buying or selling within the Denver Metro Area, please call me for expert advice and premier service in assisting you every step of the way! I have nearly 7 years of experience in Real Estate Investing and can also assist buyers in looking for fix and flips and rental opportunities. To get an expert opinion and get a Free Home Valuation, call or text Olga today at 720-365-4651. Here's your FREE Access to Exit Realty DTC Search Engine!

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Olga Telesin

My name is Olga Telesin and I am a Colorado Realtor helping buyers and sellers around the Denver Metro areas of Colorado, including Denver, Aurora, Parker, Centennial, Highlands Ranch, Castle Rock and....

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