Four Texas Cities Rank On Affordability For First Time Buyers

Four Texas Cities Rank On Affordability For First Time Buyers


Buying a home for the first time is an exciting and important milestone for many Americans. As such, first-time home buyers must carefully consider a number of factors — what they want and need relative to what they can afford, for instance — before diving to the deep end of real estate. July is one of our hottest months for homes sales and more then one third of those buyers is said to be first time buyers.


A recent study by WalletHub study looked at 300 cities of varying sizes and rated them according to 23 key metrics. The metrics fell under three main categories: Affordability, The Real Estate market itself and quality of life.


Each metric was weighted evenly across all metrics to calculate the total score on a scale of one to 100. No surprise some of the best cities for homebuyers are in the south, or more specifically, Dallas. with four of the top 10 best cities for Millennials . 


7. Richardson, Texas – 66.32

Affordability rank: 179

Real-estate market rank: 5

Quality of life rank: 12


3. Allen, Texas – 68.15

Affordability rank: 151

Real-estate market rank: 6

Quality of life rank: 3

2. Frisco, Texas – 68.2

Affordability rank: 175

Real-estate market rank: 2

Quality of life rank: 5

1. McKinney, Texas – 68.32

Affordability rank: 191

Real-estate market rank: 1

Quality of life rank: 7


Annette Bruen Headshot
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Phone: 972-977-3221
Dated: July 18th 2017
Views: 153
About Annette: PERSONAL SERVICE. PROFESSIONALISM. POWERFUL NEGOTIATION. PLAN EXECUTION. In today’s real estate ...

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