“…most expensive state to buy a home in”
September 2, 2019
“Massachusetts ranked as the most expensive state to buy a home in, according to a report from personal-finance website SmartAsset. The analysis assessed 48 states and Washington, D.C., based on the following metrics (Delaware and Louisiana were not included due to insufficient data):
- Effective property tax rate, based on U.S. Census Bureau data
- Median listing price and price per square foot, according to Zillow ZG, +1.27%
- Median value for homes in the bottom third of the market
- Average closing costs, according to SmartAsset’s own closing cost calculator…”