MIAMI — A new report lists two South Florida cities as among the nation’s worst for first-time homebuyers.

The report from the financial Web site, WalletHub, ranks Miami Beach as the fourth-worst small-city market and Miami as the fifth-worst large-city market for first-time home-purchasers.

Among the criteria used was affordability, rent-to-price ratio, recreation, friendliness and property crimes.

Miami Beach had the highest property crime rate among the 300 cities listed in WalletHub’s report.

Author photo
The AP is one of the largest and most trusted sources of independent newsgathering. AP is neither privately owned nor government-funded; instead, as a not-for-profit news cooperative owned by its American newspaper and broadcast members, it can maintain its single-minded focus on newsgathering and its commitment to the highest standards of objective, accurate journalism.