Leslie N. FountainIs buying a home out of your realm of possibilities? According to data from California Association of Realtors, only 26% of realtors are concerned about home affordability too, but our ranking in the nation confirms it is certainly an issue. California ranks 50th in the nation for affordability.
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In an article by Jeff Collins at OC Register, Collins describes ideas and data discussed by realtors to impact the affordability of homes in California. “Fewer than half of Inland Empire households can afford a median-priced house in their area” the article states, citing California Association of Realtors data and reports. Some solutions included applying pressure to cities who don’t encourage affordable housing developments.