‘Disconnect between buyers and sellers’: San Diego home sales near record lows
San Diego’s home market was as quiet as ever during the dog days of summer. The median home price was $900,000 in July in San Diego County, according to Attom Data Solutions, which combines sales of single-family homes, townhouses and condos. The median has been unchanged for five months and flat an
For 15% of California homeowners costs exceed half of income
Here is yet another way to look at the financial challenges of California homeownership: Recurring costs eat up more than half of household income for roughly 1 in 6 owners statewide. My trusty spreadsheet identified this affordability challenge by analyzing 2024 Census Bureau housing data for the 5
For 27% of California tenants, rent is more than half their income
We don’t spend enough time discussing the financial burden renters face, such as housing expenses eating up more than half of the incomes of roughly 1-in-4 California tenants. My trusty spreadsheet identified this affordability challenge by analyzing 2024 Census Bureau housing data for the 50 states
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