CAR: Rise in California housing affordability remains steady
Carissa Abazia2019-05-17T06:48:47-07:00By Candyd Mendoza Housing in California has become more affordable in the first quarter due to low mortgage interest rates, higher income levels, and cooler home prices this spring, the California Association of Realtors said. CAR’s Traditional Housing Affordability Index (HAI) showed that 32% of homebuyers could afford to purchase a median-priced, existing single-family home [...]