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

Housing Market

How a Return to Multigenerational Living is Shifting the Housing Market

Shifts in senior living, immigration, and affordability have brought extended families together under the same roof

New Normal for Homebuilding?
Housing Market

New Normal for Homebuilding?

Nobody needs to be reminded that homebuilding is a highly cyclical business. However, each cycle also has its own characteristics, nuances and trajectories. Certainly, our most recent cycle, which both

Balanced Market in San Diego
Housing Market

Balanced Market in San Diego

Broker sees benefits to both buying or selling homes in the highly desirable San Diego market. Among his picks as two of the top submarkets – North County and the