Centennial Ranks 8th in Top Cities for First-Time Homebuyers
As a first-time homebuyer, you have a lot on your mind. But, location and price are likely at the top of the list. So, where can you put down your roots without breaking the bank?
Taking a look at three top categories — affordability, livability and price stability—NerdWallet ranked the best places for first-time homebuyers nationwide. Centennial, Colorado ranked 8th nationwide for availability of down payment assistance programs.
NerdWallet used Down Payment Resource program information to factor in the availability of down payment programs. Did you know there are approximately 2,400 homebuyer programs across the U.S.? The number of programs and benefits available in each city vary. Down payment programs are important because they can give affordability a boost, especially for first-time homebuyers who don’t have the proceeds from a previous home sale to help fund the down payment.
Did you also know that the Colorado Association of REALTORS®, in conjunction with the power of Down Payment Resource search tools, offers a Down Payment Resource program for Colorado? Visit the CAR Down Payment Resource Program to search for down payment resources based on a client’s personal situation.
The Top 10
For all 10 cities, schools are ranked in the highest 25% of all cities analyzed, and crime rates are in the lowest 25%, according to NeighborhoodScout data.
- Carmel, Indiana
- Fishers, Indiana
- Johns Creek, Georgia
- Frisco, Texas
- Newton, Massachusetts
- Allen, Texas
- Gilbert, Arizona
- Centennial, Colorado
- Olathe, Kansas
- Sugarland, Texas
Find out more about why each city made the cut and also take a look at the top cities by region.