Louisville is rated a top city for homebuyers


Jul 18, 2016, 2:36pm EDT

Louisville is one of the best cities for first-time homebuyers, a new list reports.

WalletHub’s 2016 list of best and worst cities for first-timers ranks Louisville as 15th in a list of 300 cities in the country. Those 300 are of varying sizes; out of large cities, Louisville ranked second.

The personal finance website used 19 metrics for its rankings, including real estate taxes and property crime rates. Louisville scored well on total home energy cost (eighth overall) and median home price appreciation (11th).

The cities were also ranked by affordability, real estate market and quality of life. Louisville ranked 30th in affordability, 32nd in real estate market and 101st in quality of life — all better than the average.

Kansas’ Overland Park claimed the top spot, followed by Greeley and Thornton, Colorado. Lexington was the highest-ranking Kentucky city at spot 10. Newark, N.J. occupied the last spot, followed by Miami Beach, Fla., and Oakland, Ca.

Olivia is an intern in the news department.