Are you a first-time homebuyer with your sights set on living in Colorado? There is good news from WalletHub: three Colorado cities make the top ten on their list of the best cities for first-time homebuyers, including Centennial, Longmont and Thornton. With factors in 18 key metrics, like energy costs, crime rates and income levels, they’ve compiled a comprehensive list of their findings and offer insight for this group of buyers that in recent years has been more hesitant to make their first real estate purchase. With eight more Colorado cities making the top 100 (including metro area spots like Lakewood, Aurora and Denver itself), buyers here can feel confident that they are making a smart investment in a fantastic area.
While buyers may have felt recent frustration in this current Denver real estate market, where homes are receiving multiple offers over asking price, this study shows that the search for a Denver home is a worthy one, and it may inspire those searching to take a look at areas outside of the city boundaries, such as Lakewood, Thornton and also Centennial, which is the highest rated Colorado city at #3 in overall ranking.
As more studies have confirmed in recent years, our state is a great one, and it’s a wonderful place to call home. Don’t hesitate getting in touch with us to help you on your Denver real estate home search.