WalletHub conducts an in-depth analysis of 300 largest U.S. cities
The City of Centennial ranks as the 8th best city for first-time home buyers in the country according to a recent study from WalletHub, the leading personal finance social network. To determine which housing markets most favor first-time home buyers, WalletHub assessed the affordability of homes, the conditions of the real estate market and community environment in the 300 largest U.S. cities. The in-depth analysis used 17 key metrics, ranging from median housing prices and real estate taxes compared to median home price appreciation and price-to-rent ratios.
First-time home buying in Centennial (1=best)
• 4th – Property crime rate per capita
• 6th – Median household annual income (adjusted for cost of living)
• 13th – Median home price appreciation