Industry News

Boise is named one of the best cities for first-time buyers

Photo by Allie on Unsplash

Boise, Idaho comes in #2 on WalletHub’s recent list outlining the best cities for first-time home buyers! The list was compiled based on 26 key indicators across the topics of affordability, attractiveness and quality of life. 

RISMedia’s Housecall | Jameson Doris

Purchasing your first home is a major milestone and an exciting time in most people’s lives. First-time homebuyers regularly make up a large chunk of the market; according to WalletHub, 39 percent of all U.S. single-family home purchases were made by first-time buyers in the fourth quarter of last year.

However, in the midst of the pandemic, many who are ready to take the homeownership plunge for the first time in their lives may be second guessing themselves. With any major decision, various factors need to be weighed. For example, many Americans have been hurt financially due to COVID-19, but on the other hand, mortgage rates have hit record lows.

You can read the story online here: Study: The 10 Best and Worst Cities for First-Time Buyers

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