2 Colorado Cities in Top 10 Cities for First-Time Home Buyers
Colorado landed several cities on the list, but two in particular received top 10 recognition.
There is no feeling out there like the feeling you get when you buy your first home. It's exciting, elating and completely terrifying all at the same time. Each city carries their own weight of each of those categories and some cities are good at giving you the positive vibes.
According to WalletHub, those cities are the best cities for first-time home buyers.
Recently, the financial site looked as cities all across the country and compiled their Best and Worst Cities for First Time Home Buyers list. WalletHub factored in things like affordability, the state of the real estate market, the quality life in the city, and more. Texas performed quite well as a whole, especially in the top 10.
Of the best cities to buy a home for the first time, Centennial and Thronton performed well.
Centennial was ranked number three in the nation with Thornton landing at number six. Both cities also received a top 10 ranking specifically in the category "Quality of Life." It should also be noted that Colorado Springs has some of the lowest real estate tax rates in the nation too.