News and MediaThe Worst and Best States to Be a Homeowner in 2017 « Back to Search Results
Since buying a home is one of the biggest investments of your life, it's ideal to buy within a state where housing is relatively affordable and the value of your home is likely to appreciate strongly over time. It's also desirable to avoid paying more than you can manage in ongoing costs, from taxes to insurance to damage from major storms. Finally, it's best, of course, if the state where you're buying boasts low rates of property crime, good schools, and a healthy proportion of homeowners compared with renters.
We rolled together ten key metrics that quantify those factors, and ranked states on how successfully (or not) they offer the optimal factors for home ownership while skirting the attributes you'd want to avoid.