Homes were slightly more affordable in Q3 2016 compared with Q3 2015. 31% of California households could afford to purchase a median-priced single-family home in Q3 2016 vs 29% in Q3 2015.
Improved Affordability
The Student Loan Debt Dilemma
Aspirations of homeownership remain strong, but an increasing percentage of consumers with student loan debt worry about their homeownership future.
Affordability Facts
Strong seasonal price increases made it harder for Californians to purchase a home in the second quarter of 2016.
4 Tips to Determine How Much Mortgage You Can Afford
By knowing how much mortgage you can handle, you can ensure that homeownership will fit in your budget. Homeownership should make you feel safe and secure, and that includes financially. Be sure you can afford your home by calculating how