If you are in the market to buy a home, these cities can be just as you are looking for.
Buying a house is an aspiration for many Americans. While the economic catastrophe of COVID-19 has led to fluctuations in the performance of many real estate markets across the country by 2020, not all have declined. Inspire Report on Largest pandemic real estate city Found that between April and July 2020, monthly home sales were around 15%, indicating that healthy demand for real estate persists.
Anyone who is in the market for a new home-sweet-house knows that it is not just the house where there are factors to decide. Rather, the surrounding community and the resources it plays play an equally important role. Potential buyers want to strike where the iron is hot and find the right balance between a community with an affordable price and good schools, safe roads, and economic opportunities. The Best Cities for Inservis 2021 New Homebuyers Award recognizes communities that not only have real estate, but also have a strong commitment to support the livelihood of their residents.
Selection process for Insurys 2021 Best Cities for new homebuyers
Data scientists at the home insurance comparison site Insurify analyzed both proprietary and public data to identify the best cities for new homeowners. They evaluated US cities based on an overall score including factors Demand for real estate, level of employment, Enrollment in public school, And Driver and Pedestrian Safety.
The Insurys’ research team turned to Realtor.com for data on the popularity of real estate in American cities and for home price increases. Hotstar real estate markets and cities with positive trending home values received higher scores. Public school enrollment statistics and the unemployment rate in each city, provided by the US Census Bureau’s most recent American Community Survey, were the defining variables in education and employment levels, respectively. Cities with high public school enrollment and low unemployment rates were assigned a higher score.
Researchers at Insurify cited its database of over 2.9 million car insurance applications to calculate citywide measures of driver and pedestrian safety. Cities were rated for failure to yield for accidental accidents, DUI, speed of tickets and violation of pedestrians. The safer the road pattern of a city, or the lower the city-wise rate of these four violations, the higher the score obtained.
Insuri 2021 Best Cities Winner for New Homebuyers Awards
Alabama: Dashmularishta
Alaska: The anchor
Arizona: Yuma
Arkansas: North rock
California: Fresno
Colorado: Colorado Springs
Connecticut: new Haven
Delaware: Dover
Florida: Pensacola
Georgia: Warner robins
airy: Honolulu
Idaho: Boiled
Illinois: Rockford
Indiana: Fort wayne
Iowa: Waterloo
Kansas: Topeka
Kentucky: Elizabeth Town
Louisiana: new Orleans
Maryland Baltimore
Massachusetts: Springfield
Michigan: Monroe
Minnesota: Rochester
Mississippi: Jackson
Missouri: Jefferson city
Montana: Billing
Nebraska: Lincoln
Nevada: Reno
new Hampshire: Nashua
new Jersey: Hammonton
new Mexico: Albuquerque
New York: Rochester
North Carolina: Burlington
North Dakota: Bismarck
Ohio: Columbus
Oklahoma: Oklahoma City
Oregon: Salem
Pennsylvania: East strodesburg
South Carolina: Colombia
South Dakota: Rapid city
Tennessee: Johnson city
Texas: Temple
Utah: Ogden
Virginia: Richmond
Washington: Spoken
West Virginia: Charleston
Wisconsin: Rekin
If you have any questions or comments about this article, please contact insights@insurify.com
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Updated February 4, 2021
Insight Insights
Insurys’ team of data scientists and materials experts presents Insurite Insights, a series of automotive, home and health studies that impact all of us. Through expert analysis of over 2.5 million car insurance applications and an array of top data sources, the Insurify Insights team produces new data-driven articles, trend analysis, regional exaggeration and national rankings every week. Check out Insight as shown in Forbes, Fox News, USA Today, NPR and more.