Only 15% of California households could afford to purchase the $905,680 median-priced home in the second quarter, down from 17% in the first quarter and up slightly from 14% in the second quarter of 2024. According to data from the California Association of Realtors...
Only 17% of California homebuyers could afford to purchase a median-priced, existing single-family home during the first quarter of this year, according to data from the California Association of Realtors (CAR). This is up from 15% in the previous quarter and...
The mix of housing affordability and new construction is seriously out of balance, according to a new data report from Realtor.com. Only 18 states – primarily in the Midwest and South – have median homes that are affordable to their median earner based on the 30% of...
Today’s guest column is by Emily Hamilton, a senior research fellow at the Mercatus Center at George Mason University. This article is adapted and edited from testimony delivered this week before the Subcommittee on Housing and Insurance of the US House...
Only 15% of California homebuyers could afford to purchase a median-priced, existing single-family home in the state during the fourth quarter of 2024, according to the latest data from the California Association of Realtors’ Housing Affordability Index. This is down...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
