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
Affordable Housing Is Now a Middle-Class Crisis in California
By Christopher Thornberg – California has a housing crisis. This probably doesn’t sound like news given the recent publicity about disputes over homelessness, rapidly rising rents, and gentrification—and the flurry
South County Is Where The Land Is
By Carrie Rossenfeld South County remains one of the only places in San Diego County where a large, master-planned community can be introduced, and it offers more-affordable product relative to
Tight Mortgage Standards Hold Back Bottom End of Housing Market
In what is one of the primary themes running through the current housing market, tight credit standards continue to constrain lower-income buyers from purchasing homes. Compounding the impact of the
