California Home Affordability Issue Continues to Grow

California Association of Realtors | August 15, 2019

California Home Affordability Issue Continues to Grow
According to the California Association of Realtors, higher home prices negated low interest rates and further reduced Californians' ability to purchase a home in the second quarter of 2019. The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California in second-quarter 2019 dipped to 30 percent from 32 percent in the first quarter of 2019 but was up from 26 percent in the second quarter a year ago, according to C.A.R.'s Traditional Housing Affordability Index (HAI). California's housing affordability index hit a peak of 56 percent in the second quarter of 2012.

Spotlight

The real estate development process involves three major groups- consumer group, a production group, and a public infrastructure group. Each group benefits from cooperation and a full understanding of the values,

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Cherre and Rental Beast Partnered to Unite National Rental Listings into Real Estate Data Platform

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REAL ESTATE INVESTMENT

Nuveen Real Estate extends Lane's Technology Partnership to the Office Tower of Midtown Manhattan

prnewswire | November 17, 2020

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Brennan Investment Group | May 19, 2020

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Spotlight

The real estate development process involves three major groups- consumer group, a production group, and a public infrastructure group. Each group benefits from cooperation and a full understanding of the values,