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5. MississippiIt may be hard to spell, but it's easy to declare it a great place for homeowners. The birth state of musician Jimmy Buffett boasts the fourth lowest property taxes in the nation. Whats more, the low cost of living makes owning a home attractive. Its also a senior-friendly state; and everyone will be a retiree someday. Elder citizens dont pay taxes on pension income, and the warm climate prevents chills to aging, aching bones.
4. New YorkForbes named the home of Niagara Falls, the Hamptons, the Adirondacks and the Big Apple as the #1housing market in America. The survey examined data from the S&P/Case-Shiller home price index to discover the healthiest housing markets, and New York came out on top. In addition, the state ranks #2 for low property crime. Not only will your house retain its value, but your chances of being robbed are low.
3. LouisianaIts close to Mississippi not only in location, but also in homeowner incentive. The Tax Foundation ranked it#1 for lowest property taxes, which will keep more money in your hands, guaranteed. According toMarketwatch, its #2 on the list of best states in which to retire. Seniors dont pay taxes on pension income, and those balmy nights on the Bayou are a pleasure for all.
2. FloridaIt may be home to hanging chads and political whackos, but Florida is a great place to be a homeowner. With no state income tax, the Sunshine State offers residents a generous property tax exemption, keeping taxes relatively low and protected from severe increases. The crime rate is currently the lowest in 41 years, and Kiplingers ranks it #3 on states with the most projected job growth in 2012. Add that to the gorgeous climate and abundance of waterfront properties, and Florida may just be a homeowners dream come true. Just be careful when getting a mortgage, though, because it also tops the list of worst states for mortgage fraud.
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