“The 10 worst US cities for first-time homebuyers”

“…Here are the 10 worst metro areas for first-time homebuyers, according to Bankrate: 

1. Los Angeles- Long Beach- Anaheim
2. Las Vegas- Henderson- Paradise 
3. Seattle- Tacoma- Bellevue
4. Riverside- San Bernardino- Ontario, California  
5. San Jose- Sunnyvale- Santa Clara, California  
6. Denver- Aurora- Lakewood
7. Houston- The Woodlands- Sugarland 
8. San Francisco- Oakland- Hayward
9. Orlando, Florida
10. San Diego-Carlsbad 

One thing that sticks out: About half of the lowest-ranked cities are in California. And those areas almost entirely make up the bottom five affordability rankings…”

https://www.cnbc.com/2022/06/24/the-10-worst-us-cities-for-first-time-homebuyers-.html

People are moving out of big cities. The property value is going to go down over time if the trend continues. It’s not a good idea to buy a home in a big city to begin with in my opinion.