A recent report by WalletHub has identified the best and worst cities for first-time homebuyers, with Palm Bay, Florida, topping the best list. Five additional Florida locations—Tampa, Cape Coral, Orlando, Lakeland, and Sunrise—are among the top 10 cities ripe for picking by first-time potential buyers.
Other cities that made the Top 10 list include Boise, Idaho; Surprise and Gilbert, Arizona; and Huntsville, Alabama.
WalletHub, a national personal finance company, prepared the report by comparing 300 cities of various sizes, using key categories of affordability, market attractiveness, and quality of life. These included factors such as real estate taxes, homeowners’ insurance costs, median home price appreciation, foreclosure rates, school systems, job market, total home energy costs, and crime rate….