The 10 'Easiest' Places to Buy a Home
August 4, 2015
Visitors to realtor.com® reported in June that their top difficulties in house hunting were finding a home that met their needs and finding one that fit within their budget. A limited number of homes for-sale means buyers are having fewer choices.
Read more: What You Need to Earn to Buy in 10 Cities
Are some markets making it easier for home buyers? Realtor.com® has launched an EasytoBuyIndex, looking at the 50 largest metro areas in the country to determine the 10 easiest places to buy a home.
The new index takes into account
- the total costs of home ownership.
- whether it's a buying or renting market.
- local factors such as insurance, taxes, and supply of affordable inventory.
"These are healthy markets, firmly in recovery mode, but they offer more choices and great affordability," says Jonathan Smoke, realtor.com®’s chief economist. "They also have higher relative levels of inventory and mortgage rates that are equal to or better than the national average rates."
Source: "Cities of Opportunity: The Top 10 Easiest Places to Buy a Home," realtor.com® (Aug. 4, 2015)
Updated: July 02, 2020