With July being one of the top months for home sales and a third of all home buyers also being first-timers, the leading personal finance website WalletHub took an in-depth look at 2015’s Best & Worst Cities for First-Time Home Buyers and found Broken Arrow the fourth nationally.
To determine the most favorable housing markets for first-time buyers, WalletHub assessed the real-estate landscape within the 300 U.S. cities. The data set includes such metrics as housing costs, real-estate tax rates, median home-price appreciation and property crime rates.
Best Cities for First-Time Home Buyers
1. Overland Park, KS
2. Allen, TX
3. Centennial, CO
4. Broken Arrow, OK
5. Frisco, TX
6. Plano, TX
7. Carrollton, TX
8. McKinney, TX
9. Longmont, CO
10. Thornton, CO