Best, Worst Cities for First-Time Homebuyers

Texas is attractive. California, not so much
By Newser Editors,  Newser Staff
Posted Jul 17, 2017 9:03 AM CDT
Updated Jul 17, 2017 9:15 AM CDT
Best, Worst Cities for First-Time Homebuyers
   (AP Photo/John Bazemore)

Prospective first-time homebuyers might want to cast an eye toward Texas and steer clear of California. WalletHub looked at a range of factors including affordability, quality of life, and a particular market's real estate ranking to find the best and worst cities for first-time buyers. The top 10:

  1. McKinney, Texas
  2. Frisco, Texas
  3. Allen, Texas
  4. Cary, NC
  5. Norman, Okla.
  6. Lincoln, Neb.
  7. Richardson, Texas
  8. Boise, Idaho
  9. Thornton, Colo.
  10. Murfreesboro, Tenn.

And the worst 10:

  1. El Monte, California
  2. New York City
  3. San Mateo, California
  4. Newark, New Jersey
  5. San Francisco
  6. Miami Beach, Florida
  7. Santa Monica, California
  8. Oakland, California
  9. Berkeley, California
  10. Santa Barbara, California
Click for the full rankings, which include a separate breakout of large US cities. (More homeowners stories.)

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