Minneapolis, St. Paul Among Worst Spots For First-Time Homeowners

This isn't great but it's definitely good to know! Being a first-time homeowner can be scary and that is coming from my own first-hand experience.

It is one of the biggest steps you will take in life and it's not cheap, so it can be scary to take that leap, whether with a partner or alone.

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I bought my first home in Minnesota last summer and while I had a pretty easy and seamless experience, I know the anxiety that comes with it all.

Now, a new study from WalletHub is naming the best and worst places to be a first-time home buyer and two Minnesota cities can be found near the bottom of the list. Yikes.

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WalletHub Releases List Of Best & Worst Cities For First-Time Home Buyers

WalletHub released this list on Tuesday (July 15th), naming the best and worst cities based on a variety of factors. These factors include things like affordable housing available, cost of living, real estate tax and more.

RELATED: Two Minnesota Towns Named Among Safest In The Country

Other factors include the median home-price appreciation, rent-to-price ratio and the property crime rate, among a bunch of other factors. If you've purchased a house, you know these types of things are important.

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Minnesota Cities Named Some Of The Worst Cities For First-Time Home Buyers

Sadly, Minneapolis can be found near the bottom of this list, coming in at number 178, meaning it is one of the worst cities to buy for first-time home buyers at this moment. Things can always change - and do - so keep that in mind.

RELATED: Minnesota City Among Top Ten Best Places To Retire

To make matters worse, St. Paul came in even lower on the list at number 210. Obviously, things are expensive right now, along with a couple other factors in play. California had a ton of showings here, especially near the bottom of the list so it could always be worse?

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Not that you are going to be moving to another state (probably) but in case you're curious, Palm Beach in Florida came in on top of the list. That does sound nice and tropical!

WHOA: You Have to See Inside Minnesota's Most Expensive House

Who wants to go in on this house with me? I see houses in a whole new light now. Could I be quarantined here? Would I be happy or would we be stepping on each others' toes? With 18,000+ square feet, I think it's safe to say we would have plenty of room. Plus, this house has amenities for days. What are you feeling like today - golf? It has a golf simulator. Basketball? It has an indoor court. A movie? Of course, it has a theater room! Plus, a bowling alley, a massive pool, remarkable lake views, the most beautiful kitchen I've ever laid my eyes on, the house is just all-around stunning. And good news, they recently dropped the price $700k. Now it's just $13.5 million. ;) Take a look inside:

Gallery Credit: Samm Adams

Nine Items You're Banned from Mailing Wisconsin

Heading to the Post Office? You'll want to have this list handy - there's a bunch of things that you're banned from mailing in Wisconsin, per the USPS.

Gallery Credit: Lauren Wells

Source: 2 MN Cities Among Worst Places For First-Time Home Buyers

Filed Under: St Paul, Minnesota, Minneapolis, Real Estate, WalletHub, lifestyle