Here are the best and worst places to try buying a home if you’re single
A study ranked Edison, NJ as the easiest place and New York City as the toughest
If you’re single and looking for a home, Edison, New Jersey is the place to be.
Edison topped a study from Homes.com of the best cities in the United States to live in for first-time single homebuyers, according to the New York Post. The median price for a one-bedroom home is just $65,000, and the average mortgage for the properties makes up only 8.78 percent of monthly median income in the city.
Other solid places for single homebuyers include Overland Park in Kansas, West Palm Beach in Florida and Sterling Heights in Michigan.
New York City was at the opposite end of the list as the hardest city for a single person to buy a home with average monthly mortgage payments for a one-bedroom making up 114.55 percent of the area’s median monthly salary. Other pricey areas include several California cities such as Oxnard, Santa Clara and Elk Grove. [NYP] – Eddie Small