Buying a Home in These 10 States Doesn't Make It Any Easier

Buying your first home isn't easy, especially in these 10 states.

Author:: TheStreet Staff
Publish date:: Mar 7, 2017 10:46 AM EST

In Massachusetts a lack of affordable homes makes the Bay State challenging for first-time homebuyers. Oregon's high cost of homeownership drives it down to the bottom of the list for good Millennial home purchase experiences, Bankrate reports.

A rock-bottom ranking in "housing market tightness" makes the Colorado state a steep climb for young homebuyers.The Lone Star state loses some of its home purchase luster due to tight home inventories and limited access to credit. A lousy job market for young adults and an almost equally-low ranking for homeownership among millennials gives young Rhode Island homebuyers big obstacles.

Lack of good loan/credit opportunities and a weak job market works against young homebuyers in Mississippi. One of the worst ratings in "credit availability" by Bankrate gives Louisiana a "big uneasy" mark for young homebuyers.

A bottom-basement rating in homeownership (New York is only behind California in that category) weakens the Empire State's reputation among young state-wide home buyers. The Aloha State rates a "zero" in homeownership rates among young adults, dragging it near the bottom of the Bankrate list.