The Best U.S. Cities To Find a Starter Home
While conditions are challenging overall for new buyers, some parts of the U.S. are more favorable than others. To determine the best places to find a starter home, researchers calculated a composite score based on the percentage of homes with three or fewer bedrooms, the monthly starter-size home mortgage payment as a percentage of median renter income, median sale price of homes with three or fewer bedrooms, supply of homes, and the homeownership rate for under-35 householders. Metros and states were then ranked accordingly.