| Do you know July is one of the top months for home sales? Nearly 40% of 2018’s single-family home purchases were made by first-time buyers. The personal-finance website WalletHub just released its report on 2019’s Best & Worst Cities for First-Time Home Buyers as well as accompanying videos.
To determine the most favorable housing markets for first-time buyers, WalletHub took the pulse of real estate in 300 cities of varying sizes using 27 key metrics. The data set ranges from housing affordability to real-estate tax rate to property-crime rate. Buying a First Home in Washington (1=Best; 150=Avg.):
Washington ranks No. 271 overall and No. 57 among large cities. View the full report to learn more about the best and worst cities for first-time home buyers. You may also interested in reading: |