Industry News

Real estate gets less affordable in California, Realtor group reports

Affordability rating falls 5 percent in November compared to year earlier
Published on Jan 13, 2006

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by CareyBot

The percentage of households in California able to afford a median-priced home stood at 14 percent in November, a drop from 19 percent reported in November 2004, according to a report released this week by the California Association of Realtors ...