Who would’ve known that most states in New England, a region known for its relatively higher cost of living compared to the South or Midwest, have good conditions for first-time homebuyers.
That is what a study by GOBankingRates found when they were analyzing which states in the past 10 years had the “most growth in the number of first-time home buyers, while maintaining lower levels of foreclosure rates,” The Huffington Post reports.
West Virginia, New Hampshire, Rhode Island, Vermont, and Massachusetts lead the list.
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