Pittsburgh tops list for first-time homebuyers
Looking to get out of that rental and buy your first home? Pittsburgh might be the right place for you.
The city took the top spot on a list ranking U.S. cities on how affordable and welcoming they are to first-time homebuyers. Livability ranked Pittsburgh first and said that “most of the city’s homes are reasonably priced to a family that earns the local median income.”
The median price of homes currently sold in the city is $171,100. And it’s Housing Opportunity Index (HOI) is 82.9%, according to the website. Which means homes for sales are affordable for most people.
Livability ranked seven cities for this first-time homebuyers list and used a criteria based on home prices, resale value, homebuyer programs and quality of life.
You want to own your own home. You want to live in a cool city. You don't want to go broke. You need to read this. https://t.co/v7khLKxmgw
— Livability (@livability) June 4, 2019
The site lauded Pittsburgh as: “a great community to belong to, with three major-league sports teams to cheer for, a thriving arts scene, a beautifully restored downtown, and just enough of that Rust Belt grittiness that Pittsburghers proudly love.”
Here’s the full list:
1. Pittsburgh
2. Oklahoma City
3. Cincinnati
4. Pueblo, Colo.
5. Winston-Salem, N.C.
6. Knoxville, Tenn.
7. Louisville, Ken.
In March, Pittsburgh made another Livability list landing eighth in Top 100 Best Places to Live for 2019.
Livability says they explore what makes small-to-medium sized cities great places to live using proprietary research studies.
Frank Carnevale is the TribLive multimedia editor. He started at the Trib in 2016 and has been part of several news organizations, including the Providence Journal and Orlando Sentinel. He can be reached at fcarnevale@triblive.com.
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