Most new homebuyers in California have a $4,000-plus mortgage payment
The state has eight of the 10 priciest housing markets — and a majority of new buyers spend more than 50% of their income on the mortgage.
The state has eight of the 10 priciest housing markets — and a majority of new buyers spend more than 50% of their income on the mortgage.
Higher prices and a limited supply of available homes are squeezing those who buy, fix up and sell homes within a year.
Lower mortgage rates are attracting buyers, but many cannot find a home with the limited supply.
Climate change has created a challenge for insurance companies, as more wildfires has led more insurance companies to leave California.
Homeowners are hesitant to move, idling the housing market and limiting options for home shoppers.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
More information about our Cookie Policy