Statewide home prices in California saw a significant 9% increase from the second quarter of the previous year. This surge in home prices has had a direct impact on housing affordability in the state.
Key Points:
– Statewide home prices rose by 9% year-over-year
– California housing affordability has reached a 17-year low
– Housing affordability in California has become a growing concern
– The increase in home prices is impacting the ability of many residents to afford housing in the state.
You can read this full article at: https://wrenews.com/california-housing-affordability-sinks-to-17-year-low/
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
