Florida cities lead the nation on where first-time homebuyers may find it compelling to invest their dollars to purchase property, according to an analysis by personal finance platform WalletHub.The platform arrived at the ranking after looking at market attractiveness, affordability and quality of life, it said. Of the top 10 cities that were deemed the best places for first- time homebuyers, six came from the Sunshine State.
Owning a home in the area could also be a good investment, the personal website pointed out.'The city has the fourth-highest home appreciation rate in the country. Homes in the city were worth 106 more in 2022 than they were in 2016,' they said. 'It's also worth noting that Palm Bay has a pretty decent school system, too, for those who have or want children.
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