Arizona cities among best for first-time homebuyers

By KTAR

PHOENIX — Surprise, Gilbert, Scottsdale, Chandler, Peoria and Mesa all ranked in the top 20 of WalletHub’s “Best Cities for First-Time Home Buyers (2024)” study released this month.

WalletHub rated 300 cities of various sizes and compared them using 22 different factors, including market attractiveness, affordability and quality of life.

While first-time buyers made up just 32% of the market last year, according to Realtor Magazine, it’s better to be a first-time home buyer in a handful of cities in the Grand Canyon state, per WalletHub’s study.

In the overall rankings, Surprise (sixth) Gilbert (ninth) placed in the top 10, while Scottsdale (12th), Chandler (14th), Peoria (18th) and Mesa (19th) rounded out the top 20.

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July 30, 2024

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