McKinney, Frisco And Allen Are Top Three Best Places For First-Time Home Buyers, Study Says | KERA News

McKinney, Frisco And Allen Are Top Three Best Places For First-Time Home Buyers, Study Says

Jul 18, 2017

Five stories that have North Texas talking: Another day, another update on housing in Dallas-Fort Worth; the special session starts today; the Modern’s losing its curator; and more.

Four Dallas suburbs ranked in the top 10 best places for people buying their first home in a new analysis by finance website, WalletHub.

Three hundred cities of varying sizes were compared across three broad but equally weighted categories: affordability, the real estate market and quality of life. Then, analysts broke down those three categories into 23 specific metrics, like cost of living, foreclosure rate and school system.

 

In order, McKinney, Frisco and Allen took the top three spots on the list. Richardson came in at No. 7. The study also compared the cities among others of similar size. McKinney was the No. 1 medium-sized (150,000 to 300,000 people) city. Frisco and Allen were the No. 1 and No. 2 small (fewer than 150,000 people) city, respectively.

 

Among all 300 cities, Dallas hits halfway, ranking No. 120 for first-time home buyers. Among large cities, it ranked No. 26. Explore more data in the map below. [WalletHub]

 

Source: WalletHub

Some links have a pay wall or require a subscription.

  • Lawmakers are back in Austin for the special session, which kicks off today. Gov. Greg Abbott issued 19 items for them to tackle — but only if so-called sunset legislation is passed. [KUT]
  • The “bathroom bill” is among several items state lawmakers could take up during the special session. Fourteen Dallas-area CEOs are warning against it. [KERA News]
  • To help with overcrowding, this Fort Worth animal shelter is offering reduced adoption fees for any dog and cat until July 31. [Fort Worth Star-Telegram]
  • Michael Auping is retiring as chief curator of the Modern Art Museum of Fort Worth after more than 20 years with the institution. [Art&Seek]

The High Five is KERA’s daily roundup of stories from Dallas-Fort Worth and across the state. Explore our archives here. And sign up for our weekly email for the North Texas news you need to know.