California presents the biggest challenge for first-time homebuyers, according to a new study by Bankrate.com.
The study evaluated data from all 50 states, weighing factors that included home affordability relative to median income, and home ownership percentage among households of residents ages 35 and under.
California came in 50th overall and was ranked near the bottom in several segments.
Hawaii ranked 49th in the study; New York was 48th.
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Iowa was listed as the easiest state on first-time homebuyers.