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Space Coast City the Best Place in the USA for First Time Buyers!

By
Real Estate Broker/Owner with Waves Realty BK3246853

WalletHub did an article on the best (and worst) place for first time buyers to purchase a home.

The list below shows why Florida is such a hot market (obviously the best business climate in the country and NO STATE TAX really helps).

Palm Bay is one of my top Space Coast markets. New home construction from the low 300s and lots of options! A well educated community that includes short drives to high tech job options like L3Harris, Northrop-Grumman, NASA, Space X, Blue Origin, Lockheed Martin, Boeing and more!

Here is the list:

 

Overall Rank City Total Score Affordability Rank Real-Estate Market Rank Quality of Life Rank
1 Palm Bay, FL 68.91 122 3 3
2 Cape Coral, FL 67.32 154 2 6
3 Port St. Lucie, FL 66.06 224 1 7
4 Tampa, FL 65.47 177 6 1
5 Orlando, FL 65.18 165 5 14
6 Surprise, AZ 64.95 22 4 204
7 Lakeland, FL 63.21 136 16 9
8 Boise, ID 62.85 65 19 42
9 Gilbert, AZ 62.49 32 27 115
10 Henderson, NV 61.9 36 20 144
11 Sunrise, FL 60.92 172 28 12
12 Scottsdale, AZ 60.8 139 18 62
13 Lincoln, NE 60.76 100 102 19
14 Chandler, AZ 60.73 45 51 112
15 Boca Raton, FL 60.65 201 22 2
16 Clearwater, FL 60.51 166 30 15
17 Atlanta, GA 60.41 101 10 152
18 Peoria, AZ 60.12 54 14 200
19 Mesa, AZ 60.04 53 29 166
20 Green Bay, WI 59.85 42 150 22
21 Kenosha, WI 59.79 40 212 5
22 Yuma, AZ 59.61 7 69 206
23 Las Vegas, NV 59.61 58 21 186
24 Thornton, CO 59.32 130 50 43
25 Huntsville, AL 59.04 50 81 140
26 Raleigh, NC 59.01 69 32 162
27 Chesapeake, VA 59 26 155 64
28 Murfreesboro, TN 58.7 80 31 170
29 North Las Vegas, NV 58.58 31 40 195
30 Roseville, CA 58.5 131 56 46
Posted by

Jeffrey DiMuria

Waves Realty
Broker/Owner
2018 Melbourne Ct, suite 206
Melbourne, FL 32901

Phone: 321.223.6253         

e-mail:  Jeff@WavesRealtyFL.com 

Comments(7)

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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Hi Jeff... how great for your market! Hopefully it will bring buyers in. I was surprised to see Raleigh on the list... I know it's not inexpensive. Some years back Charlotte would have been on this list... but no more. We have grown so fast, lack of housing keeps driving prices up.

Jul 22, 2024 01:04 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I see a lot of mentions for cities in my area too!  I am curious, how is the activity of rockets taking off recently compared to say 5 years ago?  It seems like it's becoming commonplace these days with SpaceX launching something at least once each week, haha.

Jul 23, 2024 05:24 AM
Jeffrey DiMuria 321.223.6253 Waves Realty

Seems like about 2-3 times a week we have a launch. Once Blue Origin gets going I think it will increase even more.

Jul 23, 2024 11:16 AM
Joan Cox, Retired Broker/Owner
Denver, CO
Enjoying Every Day to Its Fullest!

Jeff, kudos on the nod, and hope you see more calls for home purchases!

Jul 23, 2024 05:40 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Jeffrey - first-time buyers are an important part of the real estate market.  And their importance to other everyday parts of life can't be denied either in my opinion.  It's good to know that you can participate in helping create opportunities for new homeowners in the Space Coast area of Florida.    

Jul 23, 2024 05:51 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Jeffrey:

Good for you and for those first time buyers interested in your area. 

Jeff

Jul 23, 2024 04:49 PM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Hi Jeffrey- congratulations to Palm Bay!  I've known a few people who lived there and they love it!!!  

Jul 23, 2024 07:00 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

 Jeff, Kudos to Palm Bay! Looks it's an excellent choice for those buying their first home and quality of life too!

Jul 24, 2024 04:41 AM