The Biggest Little City just made a top 10 list again.
Reno was included recently by national lender Money Source in its list of top 10 cities in 2016 for first-time homebuyers. The inclusion comes short after Reno was ranked the 7th most popular destination for movers nationwide by a United Van Lines survey.
The Money Source list, which does not rank the cities in order, looked at trends based on Money Source loan applications nationwide, as well as city-specific data such as median home prices, employment, business activity and quality of life. Other cities in the list include Orlando, Fla.; Boise, Idaho; Tacoma, Wash; and Des Moines Iowa. Money Source specializes in Federal Housing Administration, Veterans Administration and USDA loan applications, which mostly involve first-time homebuyers.
Despite having the highest unemployment rate of the cities included, Reno still managed to join the Money Source list. Other factors cited for Reno’s addition include the Tesla effect, proximity to California, ample recreation, a burgeoning food and culture scene, and the presence of the University of Nevada, Reno.