In January, the housing industry had the largest drop it has seen in more than four years. Realtor.com notes that the inventory sank by 13.6% compared to January of last year.
Realtor.com compiled a list of housing markets where it is easy and not so easy to purchase a home.
A couple of factors for the list of easiest to purchase is a strong economy such as that seen in a retirement destination or beach area and a tax-friendly location such as Charleston, South Carolina.
Hardest places to purchase a house can be found in the Northeast and tech cities.
Markets where it is easiest to buy a house:
- Cape Coral, Florida
- Bridgeport, Connecticut
- Charleston, South Carolina
- Virginia Beach, Virginia
- Las Vegas, Nevada
- New York, New York
- Baton Rouge, Louisiana
- Des Moines, Iowa
- Houston, Texas
- Honolulu, Hawaii
Markets where it is the hardest to buy a house:
- San Jose, California
- Buffalo, New York
- Seattle, Washington
- Milwaukee, Wisconsin
- Columbus, Ohio
- Salt Lake City, Utah
- Boston, Massachusetts
- Harrisburg, Pennsylvania
- Washington, D.C.
- Grand Rapids, Michigan
Source: Housingwire.com
Sapphire Title & Escrow Company 