There are many people in Florida that are first time home buyers. A new list has come out and a bunch of Florida cities for those buyers. WalletHub has released their annual list of the best and worst cities in the United States for first time home buyers. There are five Florida cities in the Top 10. What’s even better than than is that all of the Florida cities are the first five on the list.
The way WalletHub came up with the list is they compared 300 cities of varying sizes across 22 key indicators. Those indicators are of market attractiveness, affordability and quality of life. They say, “Where a home is located is just as important as what features it has. If the neighborhood is unpleasant, it can sour the experience of a great home. Potential buyers may want to narrow their search down to an area with a good reputation before getting into housing details.”
It is pretty cool that Florida is a great state for first time home buyers, but what are the worst cities for them? Well, nine of the Top 10 worst cities are in California. Additionally, the only non-California city is Anchorage, Alaska, which is #3. Berkeley, California is the #1 worst city followed by Santa Monica.
Finally, check out the five best Florida cities for first time home buyers below. Yes, they are #1 through #5.
Palm Bay
The #1 overall best city for first time home buyers to move to. Palm Bay is located just south of Melbourne on the east coast of Florida.
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Cape Coral
Located next to Ft. Myers, Cape Coral comes in #2 in Florida and #2 in the United States. It has the #2 overall real estate market.
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Tampa
Yes, first time home buyers love Tampa. Tampa comes in #3 overall. Tampa also ranks #1 overall for quality of life.
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Port St. Lucie
Located about an hour north of West Palm Beach on Florida east coast comes in #4 overall. Port St. Lucie is the #1 overall real estate market right now.
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Orlando
Finally, the fifth Florida city and #5 on the list of the best cities for first time home buyers is Orlando.
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