Arizona ranks highest in U.S. for homeownership and housing

Arizona homeownership and housing ranks highest in the U.S.

Arizona achieved its best overall ranking in an annual national study of household financial wellness conducted by the progressive Prosperity Now organization.

Among the good news: Arizona’s unemployment rate is at an 11-year low, the poverty rate has decreased, and the housing market is solid, with some of the nation’s lowest rates of foreclosures and delinquent mortgages. According to the study, Arizona’s highest ranking among the 50 states and Washington, D.C., was in the homeownership and housing category, helped by the nation’s third-lowest rate of foreclosures and eighth-lowest rate of delinquent mortgages.

Arizona homeownership and housing