January 10, 2017 0

Report Finds Homeownership in California Lowest Since 1940s

While San Francisco is often portrayed as the epicenter of housing unaffordability on the West Coast, the issue is truly pervasive to California as a whole. A draft report from the state’s Department of Housing and Community Development found that a dramatic housing shortage is pushing up prices, increasing sprawl, and lowering the quality of life for residents.

Read More

Previous A Housing Pullback In 2017?
Next Where Are Residents in Los Angeles and Orange Counties Buying Homes?
Tags curbed
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

Lots: Builder’s Two Big Questions in 2017

Two difficult questions confront home builders and residential developers amid the uncertainty of the moment, and we’ve been hearing them in the aisles and off the floor during the home

Housing Market

Home Prices Hit Peak Levels In Majority of Metro Areas, Fourth Quarter Data Show

By Troy McMullen The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three

Housing Market

California Single-Family Home Sales Surge