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The 15 most difficult places to buy a home in the US
#1
The 15 most difficult places to buy a home in the US

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New York City skyline
























For wannabe homeowners in real estate markets full of well-qualified buyers, competition is fierce, according to recent data from online loan marketplace LendingTree. Especially out West.
"Of the top 10 most competitive cities, only two, St. Louis and Boston, were not in a western U.S. state. High-paying tech jobs, common in places like Oregon, San Francisco and Seattle, likely help fuel market competitiveness in some western cities," the site reports.
In the most competitive areas, potential homeowners are vying against other buyers who are often pre-approved for mortgages, have excellent credit scores and are able to offer hefty down payments. They not only have to be strong candidates, but they have to beat out other qualified buyers as well.
Here's the full list of the 15 housing markets were competition is the toughest.
15. New York, New York
Percent of buyers with good or excellent credit: 58
Average down payment: 17 percent
Median home price: $829,000

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Statue of Liberty and New York City skyline.

14. San Antonio, Texas
Percent of buyers with good or excellent credit: 55
Average down payment: 14 percent
Median home price: $239,990
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jld3 Photography | Flickr | Getty Images

13. Milwaukee, Wisconsin
Percent of buyers with good or excellent credit: 52
Average down payment: 14 percent
Median home price: $124,900
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Peeterv | Getty Images
Milwaukee, Wisconsin

12. Phoenix, Arizona
Percent of buyers with good or excellent credit: 48
Average down payment: 15 percent
Median home price: $275,000
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Dennis Macdonald | Getty Images

11. Minneapolis, Minnesota
Percent of buyers with good or excellent credit: 58
Average down payment: 14 percent
Median home price: $300,000
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Minneapolis, Minnesota

10. Boston, Massachusetts
Percent of buyers with good or excellent credit: 57
Average down payment: 16 percent
Median home price: $699,900
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Sean Pavone | Getty Images
Boston, Massachusetts

9. Sacramento, California
Percent of buyers with good or excellent credit: 50
Average down payment: 15 percent
Median home price: $312,650
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Provided by jp2pix.com | Getty Images
Downtown Sacramento

8. Seattle, Washington
Percent of buyers with good or excellent credit: 65
Average down payment: 19 percent
Median home price: $689,950
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DeAngostini | Getty Images
Seattle, Washington.

7. Las Vegas, Nevada
Percent of buyers with good or excellent credit: 52
Average down payment: 14 percent
Median home price: $299,900
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George Rose | Getty Images
Las Vegas, Nevada

6. St. Louis, Missouri
Percent of buyers with good or excellent credit: 54
Average down payment: 15 percent
Median home price: $145,000
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Joe Sohm | Photodisc | Getty Images
St. Louis, Missouri

5. San Jose, California
Percent of buyers with good or excellent credit: 65
Average down payment: 19 percent
Median home price: $939,000
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Mark Miller Photos | Getty Images
Business district area of downtown San Jose, California.

4. San Francisco, California
Percent of buyers with good or excellent credit: 59
Average down payment: 17 percent
Median home price: $1.3 million
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RudyBalasko | Getty Images
San Francisco, California

3. Portland, Oregon
Percent of buyers with good or excellent credit: 57
Average down payment: 15 percent
Median home price: $449,900
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jose1983 | iStock | Getty Images
Portland, Oregon

2. Los Angeles, California
Percent of buyers with good or excellent credit: 55
Average down payment: 17 percent
Median home price: $799,250
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Getty Images
Los Angeles, California.

1. Denver, Colorado
Percent of buyers with good or excellent credit: 56
Average down payment: 16 percent
Median home price: $459,900
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Bridget Calip | Getty Images
Denver, Colorado
Interestingly, the most difficult places to buy a home aren't necessarily the most expensive. Although the median home price in Denver, $459,900, according to Zillow, is significantly higher than the national median of $275,000, it's still well below the median in expensive markets like New York and San Francisco.
Other competitive cities are even cheaper: St. Louis, Missouri, with a median home price of $145,000, comes in at No. 6. And Milwaukee, Wisconsin, with a median home price of $124,000, earns the No. 10 spot.
That means that, even in a more affordable housing market, it can still be challenging to buy a home.
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