Your ability to own a home is affected by where you live. Even people with modest incomes can afford homes in Decatur, Illinois, the metropolitan area with the nation’s most affordable houses. At the other end of the affordability spectrum is the San Jose, California, metro area, where high incomes are outmatched by stratospheric home... Holden Lewis is a writer at NerdWallet.
Stories Related to Home Affordability Watch, Q1: California Buyers, Keep Dreamin’
Holden Lewis, NerdWallet.com
Mon, 07/09/2018 - 5:00am
Topics: personal finance
BING NEWS:
- California home prices just reached a new record high
Home prices in California reached a new record high in April as sales increased despite elevated mortgage rates and the state’s seemingly insurmountable housing shortage. The median price of ...
05/17/2024 - 12:49 pm | View Link - Only 17 Percent of Current Residents Can Afford to Buy a California Home in 2024
The California Association of Realtors is reporting that only seventeen percent of the state's homebuyers could afford to purchase a median-priced, existing single-family home in California in the ...
05/17/2024 - 1:37 am | View Link - Home Mortgage
Mortgage rates are down for the second week in a row, with the 30-year fixed rate averaging 7.02% and the 15-year note falling to 6.28% as the housing affordability crisis drags on.
05/16/2024 - 1:00 pm | View Link - New Vehicle Prices Rise Agan, While Affordability Dips
The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.
05/16/2024 - 10:07 am | View Link - Buyers now need 5 times annual US salary to afford homes in this coastal Calif. area
California is an expensive and population-dense state, and its ongoing housing crisis continues to put everyday people in a big economic crunch. Now, a new quarterly report is shedding light on just ...
05/15/2024 - 9:58 am | View Link - More
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