Check out the below lists for the top 10 best cities for first-time home buyers and the worst 10 cities based on their ranking. Best Cities for First-Time Home Buyers Worst Cities for First-Time Home Buyers Best vs. Worst; WalletHub's analysis - Santa Monica, CA has the lowest housing affordability, 6.6%, which is 12 times lower than in Detroit, the city with the highest, 76.5%.
- Honolulu has the lowest real-estate tax rate, 0.29%, which is 12 times lower than in Waukegan, Ill., the city with the highest, 3.49%.
- Detroit has the highest rent-to-price ratio, 23.17%, which is six times higher than in Sunnyvale, Calif., the city with the lowest, 3.64%.
- Laredo, Texas, has the lowest cost-of-living index, which is three times lower than in New York, the city with the highest.
- Mission Viejo, Calif., has the lowest number of property crimes per 1,000 residents, 8.9, which is 12 times lower than in Miami Beach, Fla., the city with the highest, 102.7.
- Shreveport, La., has the lowest average energy cost per household, $127.60, which is four times lower than in Honolulu, the city with the highest, $504.30.
Check out the below lists for the top 10 best cities for first-time home buyers and the worst 10 cities based on their ranking. Best Cities for First-Time Home Buyers Worst Cities for First-Time Home Buyers - Santa Monica, CA has the lowest housing affordability, 6.6%, which is 12 times lower than in Detroit, the city with the highest, 76.5%.
- Honolulu has the lowest real-estate tax rate, 0.29%, which is 12 times lower than in Waukegan, Ill., the city with the highest, 3.49%.
- Detroit has the highest rent-to-price ratio, 23.17%, which is six times higher than in Sunnyvale, Calif., the city with the lowest, 3.64%.
- Laredo, Texas, has the lowest cost-of-living index, which is three times lower than in
- Mission Viejo, Calif., has the lowest number of property crimes per 1,000 residents, 8.9, which is 12 times lower than in Miami Beach, Fla., the city with the highest, 102.7.
- Shreveport, La., has the lowest average energy cost per household, $127.60, which is four times lower than in Honolulu, the city with the highest, $504.30.
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