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.
About author
You might also like
Are High Prices Killing Sales?
Anybody in the trenches of the housing market can attest to 2014 being a lackluster year across Southern California with limited exceptions. This article in LA Curbed talks about the
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
