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Here’s the No. 1 reason renters say they can’t buy a home

Related Topics: Los Angeles, Down payment

You’d figure renters in the Los Angeles./Orange County area would have a tougher time than in many other places scrapping together a down payment for a home.

A new Zillow analysis shows how high that hurdle is: The Los Angeles/Orange County region came in third in the nation where coming up with a down payment was cited as the No. 1 barrier to home ownership.

San Jose and San Diego came in first and second, respectively.

Saving enough money for a down payment was a problem for more than two-thirds of renters Zillow surveyed across the U.