OKLAHOMA CITY – Finding a place to settle down can be tough, especially for first-time home buyers.
With July being one of the hottest months for home buying, the personal-finance website WalletHub released its report in order to help first-time home buyers determine the top places to call home.
After compiling the data, researchers determined that Oklahoma City was the fifth-best large city for first-time home buyers.
Researchers looked at key metrics including affordability, real-estate market and quality of life in order to formulate their list.
The individual rankings for Oklahoma City are:
19th – Housing Affordability
6th – Cost of Living
52nd – Rent-to-Price Ratio
63rd – Total Home-Energy Cost
OKC ranked 42nd overall and 5th among large cities.
WalletHub used 27 different metrics from 300 cities to determine the most favorable housing markets for first-time buyers.
To view the full report, visit WalletHub’s website here.