Southern Californians Struggling to Afford Homes

Posted Leave a commentPosted in Housing shortage, Market Direction, Statistics

According to the California Association of Realtors (CAR), in the third quarter of 2018 just 27% households in California would be able to afford a median priced home at $588,530, requiring an annual income of at least $125,540. While this is up 1% from second quarter, it’s down 1% from the same time last year. The percent […]