Best & Worst Cities in Michigan for First-Time Home Buyers


By: Jon Corrigan

With July being one of the top months for home sales and a third of all home buyers also being first-timers, WalletHub took an in-depth look at 2016’s Best & Worst Cities for First-Time Home Buyers.

To determine the most favorable housing markets for first-time buyers, the personal finance website took the pulse of real estate in 300 U.S. cities of varying sizes; their data set ranged from housing affordability to real-estate tax rate to property-crime rate.

Nine cities in Michigan made the national list – some faring more favorably than others.

See below where they ranked out of 300 cities:

18. Sterling Heights, MI
• Affordability rank: 31
• Real-estate market rank: 54
• Quality of life rank: 55

23. Warren, MI
• Affordability rank: 25
• Real-estate market rank: 47
• Quality of life rank: 161

25. Livonia, MI
• Affordability rank: 9
• Real-estate market rank: 80
• Quality of life rank: 160

31. Grand Rapids, MI
• Affordability rank: 35
• Real-estate market rank: 19
• Quality of life rank: 257

67. Dearborn, MI
• Affordability rank: 26
• Real-estate market rank: 187
• Quality of life rank: 170

91. Flint, MI
• Affordability rank: 4
• Real-estate market rank: 175
• Quality of life rank: 297

135. Ann Arbor, MI
• Affordability rank: 177
• Real-estate market rank: 66
• Quality of life rank: 163

182. Detroit, MI
• Affordability rank: 10
• Real-estate market rank: 191
• Quality of life rank: 299

191. Lansing, MI
• Affordability rank: 148
• Real-estate market rank: 117
• Quality of life rank: 287

 

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