Financial advice website SmartAsset has ranked Raleigh as one of the top 10 cities in the U.S. for first-time homebuyers. Their new study sought to identify the top cities that provided affordability, accessibility and stability, all important factors for first-time homebuyers when making such a big financial and lifestyle decision. SmartAsset looked at cities with populations greater than 300,000 and took into account factors including affordability, loan funding rate and market stability. Based on these factors Raleigh was ranked at the number 10 spot!
Not only does Raleigh offer excellent value and affordability, but it is also one of the top places in the country to call home! We have everything from a great climate to arts and entertainment to world-class educational institutions and health systems. Raleigh is a wonderful place for first-time homebuyers and retirees alike–and everyone in between! Click here to read more on SmartAsset’s methodology and see who else made the list.