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Certain other states also have red flags when it comes to house hunting.
Here are four reasons not tobuy a home in Californiaand nine other states.
Thats more than double the national median of $365,333.
Heated Competition
One factor that drives home prices up is when several buyers are bidding on it.
Nationally, the percentage that sold for above the list price was only 34.7%.
Here are the five most expensive states as of 2022:
5.
New Jersey
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