Affordability is at the forefront of the minds of first-time homebuyers, who are contending with climbing prices and fierce competition. There are other considerations, however, that are important for first-time buyers, as well: cost of living, property crime rate, and utility costs, to name a few.
A recent assessment by WalletHub weighed these and other factors to identify the cities best suited for first-time buyers:
- McKinney, Texas
McKinney, located in Collin County and part of the Dallas-Fort Worth Metroplex, scored 68.32 in the assessment.
- Frisco, Texas
Frisco, located in Collin and Denton counties and part of the Dallas-Fort Worth Metroplex, scored 68.2 in the assessment.
- Allen, Texas
Allen, located in Collin County and part of the Dallas-Fort Worth Metroplex, scored 68.15 in the assessment. Allen has the second-lowest property crime rate of the 30 cities ranked.
- Cary, N.C.
Cary, located in Wake County and part of the Research Triangle, scored 67.98 in the assessment. Cary has the fourth-lowest property crime rate of the 30 cities ranked.
- Norman, Okla.
Norman, located in Cleveland County and part of the Oklahoma City metropolitan area, scored 67.64 in the assessment. Norman has the fourth-lowest cost of living of the 30 cities ranked.
- Lincoln, Neb.
Lincoln, the capital of Nebraska, located in Lancaster County, scored 66.61 in the assessment.
- Richardson, Texas
Richardson, located in Collin and Dallas counties and part of the Dallas-Fort Worth Metroplex, scored 66.32 in the assessment.
- Boise, Idaho
Boise, the capital of Idaho, located in Ada County, scored 66.26 in the assessment.
- Thornton, Colo.
Thornton, located in Adams and Weld counties and part of the Denver-Aurora-Bloomfield metropolitan area, scored 66.04 in the assessment.
- Murfreesboro, Tenn.
Murfreesboro, located in Rutherford County and part of the Nashville metropolitan area, scored 65.97 in the assessment.
Source: WalletHub
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