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REAL ESTATE
Untitled Page Published: August 14, 2009



California Association of Realtors, continued ...

The First-time Buyer Housing Affordability Index declined 2 percentage points in the second quarter of this year compared with the first quarter of 2009, due to a 6.4 percent increase in the price of an entry-level home.
 
At 86 percent, the High Desert region was the most affordable area in the state. The San Luis Obispo County region was the least affordable in the state at 50 percent, followed by the Orange County region at 53 percent.
 
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