Cincinnati Named Top City for First-Time Homebuyers

Cincinnati ranks among top U.S. cities for first-time homebuyers

bizjournals bizjournals | 1 year ago

Cincinnati is one of the best cities in the nation for people looking to purchase their first home, according to a new study.

Cincinnati again ranks among most affordable U.S. cities to buy a home

bizjournals bizjournals | 2 years ago

Cincinnati continues to be a great place to put down stakes if you are looking to buy a home, according to a new study.

See where Cincinnati ranks among U.S. cities for rent affordability

bizjournals bizjournals | 1 year ago

Cincinnati residents pay a median rent price of $865 and earn a median income of $66,435, researchers found. The rent-to-income ratio is 16%, well below the 30% experts recommend for financial health.

Milwaukee ranks among the top 10 big U.S. cities for multi-family construction growth

bizjournals bizjournals | 1 year ago

With nearly 100 new multi-family units authorized last year, Milwaukee ranked No. 6 on a list of large U.S. cities with the biggest increases in multi-family home construction, according to a new report.

Cincinnati housing market ranks among most resilient in U.S., study says

bizjournals bizjournals | 1 year ago

Rising mortgage rates and talk of recession are generating concern about a housing downturn, but a new study shows Cincinnati is among the metro areas best positioned to weather such a slump.

St. Pete ranks in the top 25 best places for first-time homebuyers

bizjournals bizjournals | 1 year ago

First-time home buyers are struggling to find places to live within the ever-increasing housing market; however, a new report by SmartAsset shows one Tampa Bay city could be an ideal location for newcomers. SmartAsset, a financial technology company, compared 181 of the largest U.S. cities across 12 total metrics that span four categories: home market favorability, affordability, livability and employment. St. Petersburg ranked No. 20, a three-spot rise from last year, and was the only Flori...

Top 10 States For First-Time Homebuyers | FortuneBuilders

fortunebuilders fortunebuilders | 1 year ago

Amidst the decline of the housing sector, investors were given access to some of the best property values we have seen in recent history. A significant number of underwater homes, on a national level, facilitated the acquisition of unbelievably cheap houses. Of particular concern, however, was the decreased rate of first-time homebuyers that resulted from investor activity. Prospective buyers were forced to watch from the sidelines as investors outbid them with cash and higher offers. However, i...

CBJ Morning Buzz: Charlotte ranks among worst markets for first-time homebuyers; Indie movie theater...

bizjournals bizjournals | 1 year ago

First-time homebuyers might have more luck in major cities other than Charlotte, according to a new study from Bankrate.com. Plus, the debut of a much-anticipated independent movie theater is near, and pilots for American Airlines' regional carriers are getting a big pay raise.

Columbus ranks among 20 most expensive cities for first-year homeownership, report shows

bizjournals bizjournals | 1 year ago

The study compared data across five metrics — down payment of the median-valued home, average closing costs, monthly mortgage payment, property taxes and homeowners insurance.