The Residential Specialist Magazine (issue March/April 2013) is published for Council of Residential Specialists reported some interesting statistics and trends to help the top 3% of Realtors who are Certified Residential Specialist.

Washington DC scored top, and, not too far behind is Virginia. With the scarcity of the housing inventory and the favorable employment atmosphere around the area, the market will just drive the price up gradually.

States with Highest Monthly Mortgage Payments: (Nov 2011 – Nov 2012):

1. District of Columbia – $1,641
2. Hawaii – $1,536
3. California – $1,445
4. Virginia – $1,357
5. New Jersey – $1,237

States with Lowest Monthly Mortgage Payments (Nov 2011 – Nov 2012):

1. Nebraska – $711
2. Arkansas – $716
3. Iowa – $717
4. Oklahoma – $731
5. Missouri – $741

Source: Lending Tree