The housing market has undergone significant fluctuations in recent years, and WalletHub has taken on the task of ranking the best cities to buy a home in this current state. In order to determine these rankings, WalletHub analyzed various factors such as affordability, median appreciation, average time homes spend on the market, and the percentage of underwater mortgages. After evaluating 300 cities of different sizes, McKinney, Texas emerged as the top choice for homebuyers, while Baltimore ranked at the bottom of the list.
Here are the top 10 cities for buying a home:
1. McKinney, Texas – Rated 74.41 out of 100
2. Frisco, Texas – Rated 74.27
3. Nashville, Tennessee – Rated 71.71
4. Denton, Texas – Rated 71.67
5. Cary, North Carolina – Rated 70.03
6. Allen, Texas – Rated 69.88
7. Durham, North Carolina – Rated 69.87
8. Austin, Texas – Rated 69.63
9. Port St. Lucie, Florida – Rated 69.54
10. Gilbert, Arizona – Rated 69.37
On the other hand, the worst cities for buying a home are as follows:
291. St. Louis, Missouri – Rated 37.52
292. Philadelphia, Pennsylvania – Rated 37
293. Hartford, Connecticut – Rated 36.98
294. Cleveland, Ohio – Rated 36.75
295. Peoria, Illinois – Rated 36.67
296. Portsmouth, Virginia – Rated 36.06
297. Baton Rouge, Louisiana – Rated 35.41
298. Shreveport, Louisiana – Rated 34.9
299. New Orleans, Louisiana – Rated 34.37
300. Baltimore, Maryland – Rated 32.42
For a comprehensive view of the rankings and the methodology used, you can visit the full rankings page on WalletHub’s website.
Denial of responsibility! VigourTimes is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
