Affordability and appreciation are possible in California. At least in some of the cities listed by the Wall Street Journal/Realtor.com Emerging Markets report.
Plus, The One is done (in a couple of ways), home flipping profits tumble, and pocket (also known as secret) listings increase.
Plus, Fannie Mae will consider rent payments as part of the application process for first-time buyers, affordability plummets to 14-year low, and half of homeowners in Golden State are equity rich.
California had five of the top 20-selling master-planned communities in the U.S. Also, the state adds some cities to the million-dollar list, but a few fall off. What makes more sense, buying or renting?