Top Locations For First-Time Home Buyers

Last Updated on April 13, 2022 by Kravelv

It’s an exciting time in your life. You are ready to put down your deposit on a place you can finally call your own. No more renting and checking in with the landlord, this one is all on you.

With the excitement of buying your first home, you will also have a whole host of questions, hiccups,  and challenges. Moving to the right location will make these challenges much easier and will even allow you to potentially avoid most of them at all!

When it comes to the right time, you’ll know it. Getting some things in order to make your move as smooth as possible is also essential. Among the first things you have to consider is the location.

Best Cities Around The World For First-Time Homebuyers

When buying somewhere for the first time, you want to choose not only a place you love but also a place you can afford. This article takes into consideration both quality of life and affordability to bring you some of the best locations possible for first-time buyers, and by the time you consider transferring to your new place, companies like Vic Palmer Removals & Storage has cheap removalists Gold Coast residents rely on. Their reliable and experienced team provide great quotations and high-quality service for just about any moving requirements. The best locations for first-time homebuyers include:

  1. Queensland – This location has the highest percentage of first-time homebuyers. If you are wondering why it could be due to the more affordable housing rates and high quality of life. For those who love the outdoors and great weather, Queensland also delivers. Also, the mortgage application is mainly coming from those under 30, which means it’s a great location in which younger people are settling down.
  2. Tampa – this has made it on our list as it has a very high affordability ranking and a decent enough quality of life, meaning it’s a great place for first-time buyers. It’s an ideal location if you hate driving and love the active life. Being near the beach, the weather is fairly warm throughout the year and you are around some of the most stunning sceneries.

Here is a list of some of our other top-ranked places that work out great value:

  1. New South Wales
  2. Tasmania
  3. Western Australia
  4. Victoria
  5. South Australia
  6. Pittsburgh Pennsylvania
  7. North Carolina
  8. Tuscon, Arizona
  9. Ohio Columbus
  10. Dallas
  11. Texas

As you can see, there are a lot of things to weigh up when it comes to finding the optimal location for your first property. With a little research, you can definitely find a whole array of locations that are suitable for your requirements and needs. Looking at mortgage applications made per area is another great indication if the area is great for first-time buyers.

Kravelv is a full time digital marketer and part time furniture and cabinet maker. During his free time he would like to create something out of recycled woods, this varies from toys, furnitures plant boxes etc. Follow him on Twitter | Pinterest | Facebook