For first-time home buyers, these overlooked metro areas offer some of the biggest advantages — and less competition from other buyers.
If you're a first-time home buyer and looking at cities in California, you may want to rethink your plans.
div > div.group > p:first-child"> Some under-the-radar metro areas in other areas of the country may provide more value. That's according to a new study from personal finance website Bankrate, which ranked the 50 largest metro areas in the U.S. for first-time home buyers.And the results were clear: California is one of the worst places to move to if you're looking to buy your first home.San Francisco, in particular, was the worst. That is because of its high home prices, market tightness and safety concerns.
The city that landed on the top of the list — Pittsburgh — set itself apart with its affordability and safety. Bankrate's data is based on existing residents, not where home buyers are moving. So you still have some time to get into these overlooked markets that landed on the top 10. Here's the list:6. CincinnatiAnd for the areas you may want to avoid, these 10 cities were the worst performers.5. SeattleBankrate's list was compiled from multiple data sources, including the U.S.
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