For first-time homebuyers navigating a housing market strained by high prices and limited inventory, two of the best places to buy a home are in Upstate New York.
A recent report from Realtor.com ranked the 10 best markets for first-time buyers, with Rochester taking the No. 1 spot.
Realtor.com used a weighted scoring system that balances affordability with long-term opportunity. Affordability and local amenities each accounted for 25% of the score, measuring home prices against young adults’ incomes and access to shopping, dining, child care and nightlife. Other factors, including housing inventory, the share of young residents, commute times, projected unemployment and expected home sales and price growth, each made up 10%…