How do the 50 biggest metros stack up for first-time home buyers? A new study from Bankrate.com, a personal finance website, ranked the largest metros in the U.S. based on factors such as affordability, culture, job market, and safety.
Pittsburgh landed at the top of this year’s list, setting itself apart for its affordability and safety. “This study sheds a light on places that maybe most younger buyers or new families aren’t considering,” says Adrian Garcia, data analyst at Bankrate.
Here are the 10 best markets for first-time home buyers this year, according to Bankrate’s survey.
- Pittsburgh
- Raleigh, N.C.
- Oklahoma City
- Hartford, Conn.
- St. Louis
- Cincinnati
- Buffalo, N.Y.
- Minneapolis
- Kansas City, Kan.
- Virginia Beach, Va.
Source: “The Best and Worst Metros for First-Time Homebuyers in 2019, Ranked,” Bankrate.com (March 18, 2019) and “These Are the Best and Worst Cities for First-Time Home Buyers,” CNBC (March 18, 2019)
