Real Estate:Residential headlines from the week of August 18, 2008
Housing affordability jumps in region
The sharp fall in median home price in Greater Sacramento has helped drive up affordability, according to two reports issued Tuesday. By one measure, the capital is now the most affordable housing market in California.
California Realtors: Q2 entry-level housing affordability up to 48%
The percentage of households that could afford to buy an entry-level home in California stood at 48 percent in the second quarter of 2008 compared with 24 percent for the same period a year ago, according to a report Tuesday by the California Association of Realtors.
California Realtors: Q2 entry-level housing affordability up to 48%
The percentage of households that could afford to buy an entry-level home in California stood at 48 percent in the second quarter of 2008 compared with 24 percent for the same period a year ago, according to a report Tuesday by the California Association of Realtors.
