Different factors such as high mortgage rates (increased by more than three full percentage points in recent times), Rising home prices and low housing inventory in the United States In the last two years it is making buying a home an almost impossible task, especially for first-timers.
A fact that is reflected in the 20 percent of aspiring homeowners who think that They will never be able to save enough to buy a house, according to the Down Payment Survey from financial services company Bankrate.
However, the situation is not totally discouraging since there is still There are states in this country that offer more accessible conditions for those who are looking invest your savings in a house and this was revealed by the analysis.
The 14 states in the United States where you can buy a house for US$75,000 or less
- Mississippi: US$63,043
- Ohio: US$64,071
- Arkansas: US$64,714
- Indiana: US$65,143
- Kentucky: US$65,186
- Iowa: US$65,314
- Oklahoma: US$65,443
- Michigan US$66,343
- Missouri: US$66,986
- Louisiana: US$67,886
- Alabama: US$69,514
- Kansas: US$72,343
- North Dakota: US$73,414
- West Virginia: US$74,957
On the other hand, of the 50 states and the District of Columbia, California requires the highest annual salary to purchase a typical home: $197,057this state is followed by:
- Hawaii: US$185,829
- District of Columbia: US$167,871
- Massachusetts: US$162,471
- Washington: US$156,814
Another aspect that the report highlighted is that Families living in the United States have to deal with high house priceshigh mortgage rates, but also with the shortage of available homes.
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