A new study finds the best and worst housing markets for buyers based on their age out of the 50 biggest U.S. metros.
The Homes.com study evaluated how well each market supported housing needs for buyers aged 55 to 74 years, buyers 35 to 54 years old, and younger buyers aged 20 to 34 years. Older buyer criteria included health care access and tax-friendliness in retirement, while school quality and the share of management jobs per 100,000 people were important metrics for buyers aged between 35 to 54. Market friendliness for younger buyers was found based on lower median home prices and entry-level job availability, The New York Times reports.
Information sources included the United States Census Bureau, the National Association of Realtors, Glassdoor, Kiplinger and Healthgrades, as well as Homes.com’s internal data.
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