Lower prices and interest rates in the third quarter of 2011 contributed to an improvement in housing affordability for California home buyers. The percentage of home buyers who could afford to purchase a median-priced home in California rose to 52 […]
What does this mean? It means that the percentage of households that could afford to purchase a home this yearwas higher than in the “glory days” of 2004 and 2005. Even though the economy was better in 2004 and 2005, […]
