Middle-class Workers in California are Struggling to Find Homes They Can Afford

The Pasadena Star-News

By Kevin Smith –

Oscar Sol has spent the past five months searching for a home he can afford to buy. But so far, he has struck out. “I’m looking for a condo or town home, something in the price range of $300,000 to $350,000,” the 37-year-old North Hollywood resident said. “Homes are too expensive here so now I’m looking in Santa Clarita.”

Read More

Previous 401-acre Newport Beach Banning Ranch development project rejected
Next Beazer Posts Loss For 1st Fiscal Quarter

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Housing Market

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

Housing Market

Home Ownership Wanes in California

Our state’s housing crisis increases homelessness, costs people jobs and lengthens commutes, all serious problems. On the most basic level, though, what the shortage of affordable housing does is deny

Housing Market

Hand-Wringing Over Rising Rates

By John McManus Are rising interest rates eroding demand momentum? It’s really tough to do the math, because cause-and-effect doesn’t come purely into play, and even correlations are hard to