November 3, 2017 0

California Housing Affordability at 10-Year Low

Builder Online

Press Release

California’s housing affordability hit a 10-year low as tight housing inventory drove home prices higher and reduced purchasing power for home buyers in the third quarter, primarily in previously more affordable regions such as the Inland Empire and Central Valley, the CALIFORNIA ASSOCIATION OF REALTORS® reported Thursday.

Read More

Previous New Home Company Opens in Esencia Master Plan
Next The GOP Tax Plan Has The Real Estate Industry In Panic
Tags car
Category Housing Market

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

New Home Sales Slide
Housing Market

New Home Sales Slide

On the heels of earnings misses from DR Horton and PulteGroup, the US Commerce Department reported more disappointing news for the new home market. Sales for new single-family homes dropped

Housing Market

9 Real Estate Trends To Expect in 2017

Housing Market

The Vanishing San Diego Single-Family Home

By Philip Molnar Many people still dream of buying a house that includes a few bedrooms, a yard to play in and a porch to watch the comings and goings