• 2019 's Best & Worst Cities for First Time Home Buyers

    • Share:
    July 09, 2019

    Westminster was named 2019's 10th Best Small City for First-Time Home Buyers in a recent study from the leading personal finance outlet WalletHub.com. You can find the full study here: https://wallethub.com/edu/best-and-worst-cities-for-first-time-home-buyers/5564/

     

    To determine the most favorable housing markets for first-time buyers, WalletHub took the pulse of real estate in 300 cities of varying sizes using 27 key metrics. The data set ranges from housing affordability to real-estate tax rate to property-crime rate.

     

    Buying a First Home in Westminster (1=Best; 150=Avg.): 

    • 143rd – Housing Affordability
    • 15th – Real-Estate Tax Rate
    • 68th – Median Home-Price Appreciation
    • 6th – Foreclosure Rate
    • 2nd – Total Home-Energy Cost 

    Westminster ranks No. 23 overall and No. 10 among small cities.