Plus, California is a costly place to live, except when it comes to property taxes, at least compared to many other states. The nation’s leading mortgage lenders. And homes are selling at a record sprint.
California home prices reached a record in March, as wanna-be buyers competed for fewer homes on the market and often paid more than the asking price.
Plus, a $15,000 down payment assistance program would help some renters become homeowners, homeownership rates slip in some cities and improve in others, home equity tops $54,000, and the happiest cities in the state.
California home prices increased by 20% for the second consecutive month in February, despite higher mortgage rates and fewer listings.