November 17, 2024 12:46 pm
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Phoenix out of top 20 as a best place for first-time homebuyers

By Patrick O’Grady | Phoenix Business Journal

Phoenix, a longtime bastion of low home prices, fell just outside the top 20 cities in the U.S. as a good place for first-time homebuyers.

An index created by SmartAsset that ranked cities in terms of mortgage lenders, volatility and average price per square foot among several other factors, found Phoenix ranked No. 21 in the U.S.

Topping the list were Pittsburgh, Oklahoma City and Omaha, Nebraska. Pittsburgh received the top nod due to its high percentage of loans funded and low average cost per square foot.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.