Housing affordability is on the decline in California as rising prices make the state’s real estate costlier. An estimated 48% of home buyers could afford to purchase a single-family, median-priced home at the end of the fourth quarter of 2012, according to the California Assn. of Realto...
Homebuyers nationwide are watching housing prices going up, up, and up. “How high can they go?” is the question on everyone’s lips? “As long as interest rates stay around 5 percent, there’s no telling,” remarked one realtor in Santa Monica, California. “It’s crazy,” said Tim...
Nothing left of California dream: ; Housing prices, high taxes, unemployment; cited as reasons many residents are movingMICHAEL R. BLOOD
REPORTS SAY 90 DAYS LEFT TO BUY WHAT YOU NEED. THE HOUSING MARKET IS GOING DOWN FAST 25 related questions found Will house prices go down in 2021? According to the ONS data, London's average house prices remain the most expensive of any region in the UK. ... Average prices in London ...
Wildfires' Impact on LA's Housing Market The LA wildfires that burned through much of the region earlier this month wreaked havoc on the local real estate market. Josephine NesbitJan. 28, 2025 The Most Overvalued U.S. Housing Markets Buying in pricey markets such as Hawaii and California can...
Cathy Rojas, a realtor in Vallejo of 20 years, said she expects prices to increase in the housing market when interest rates eventually drop. "Once interest rates go down and it makes [payments] more affordable, there's going to be a lot of buyers bidding on the...
Housing prices have clearly suffered in Nevada because of this dichotomy between the economy of California, which would be the fifth largest country in the world, according to GDP statistics, said Charles Dougherty, a senior economist at Wells Fargo. He said the remote work wave kicked off ...
California, especially San Diego. People assumed California would be the worst-performing state because the baseline level of affordability was so low. But California also has pretty onerous land-use regulations that limit supply, and there’s been a lot less financial distress than...
“How are we going to house these individuals with affordable housing, how are we going to put those kids into schools, how are we going to give those families jobs and economic development opportunities?” Chris Castro, Orlando’s director of sustainability and resilience, told Smart Cities Div...
Redfin Deputy Chief Economist Taylor Marr said those stats boil down to one truth: housing affordability is at its lowest point in history. "Many millennials were able to buy their first home before or during the pandemichomebuying boom, but many others were priced out of homeownership and forc...