Industry News

Fewer Californians able to afford real estate

One needs $109,670 income to buy median-priced home in state
Published on Jan 13, 2005

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by CareyBot

The percentage of households in California able to afford a median-priced home stood at 19 percent in November, unchanged from the previous month, but down 6 percentage points from the same period a year ago, according to a report released ...