{"id":1473,"date":"2017-03-01T00:00:00","date_gmt":"2017-03-01T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/10-best-and-worst-states-for-millennial-buyers\/"},"modified":"2017-03-01T00:00:00","modified_gmt":"2017-03-01T00:00:00","slug":"10-best-and-worst-states-for-millennial-buyers","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/10-best-and-worst-states-for-millennial-buyers\/","title":{"rendered":"10 Best and Worst States for Millennial Buyers"},"content":{"rendered":"

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Millennials have it rough: They’re being slapped with a trifecta of housing<\/a> affordability, credit accessibility, and employment issues, all of which are hampering their ability to buy, according to new report by Bankrate.com. The toughest state of all for millennial buyers may be California, where affordability is low, inventory is severely limited, and workers ages 25 to 34 face high unemployment.<\/p>\n

Culling data from the National Association of RELATORS\u00ae, the Census Bureau, and others, Bankrate.com ranked the following states as the toughest for millennial buyers:<\/p>\n

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  1. California<\/li>\n
  2. Hawaii<\/li>\n
  3. New York<\/li>\n
  4. Louisiana<\/li>\n
  5. Mississippi<\/li>\n
  6. Rhode Island<\/li>\n
  7. Texas<\/li>\n
  8. Colorado<\/li>\n
  9. Oregon<\/li>\n
  10. Massachusetts<\/li>\n<\/ol>\n

    “Tight market conditions and high prices really plague what many young Americans feel are the most desirable places to put down roots,” says Claes Bell, an analyst for Bankrate.com. That said, some states are proving to be prime spots for millennials to settle down. The following states are considered “easy” markets for millennial buyers, according to Bankrate.com:<\/p>\n

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    1. Iowa<\/li>\n
    2. Utah<\/li>\n
    3. Minnesota<\/li>\n
    4. Kansas<\/li>\n
    5. Missouri<\/li>\n
    6. North Dakota<\/li>\n
    7. South Dakota<\/li>\n
    8. Wyoming<\/li>\n
    9. Vermont<\/li>\n
    10. Nebraska<\/li>\n<\/ol>\n

      Source: \u201cWhere the Cards Are Stacked Against Millennial Homebuyers,\u201d RISMedia (Feb. 28, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

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      [ad_1] Millennials have it rough: They’re being slapped with a trifecta of housing affordability, credit accessibility, … 10 Best and Worst States for Millennial Buyers<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1474,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[518,1403,344,5372,5373,41,818],"class_list":["post-1473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-america","tag-buy","tag-housing","tag-millennial-buyer","tag-millennial-buyers","tag-property","tag-real"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/TajkTqChXcM","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2414,"url":"https:\/\/amazingproperty.com.ng\/blog\/court-the-millennial-buyer-in-these-cities\/","url_meta":{"origin":1473,"position":0},"title":"Court the Millennial Buyer in These Cities","author":"Amazing Property","date":"March 23, 2017","format":false,"excerpt":"Salt Lake City was named the top city for millennials this year, according to a new ranking released by realtor.com\u00ae. In the U.S., the average share of the 25\u201334-year-old population is 13 percent. In Salt Lake City, millennials comprise 15.8 percent of its total population. Salt Lake City also has\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6505,"url":"https:\/\/amazingproperty.com.ng\/blog\/hey-millennials-lennar-will-help-pay-your-student-loans\/","url_meta":{"origin":1473,"position":1},"title":"Hey Millennials, Lennar Will Help Pay Your Student Loans","author":"Amazing Property","date":"October 4, 2017","format":false,"excerpt":"A new loan from national homebuilder Lennar is raising hopes for millennials, and raising eyebrows from some in the real estate industry. 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