#california-housing-market

#california-housing-market

California's housing market is fragile, drawing parallels to historical downturns, particularly the 1990s and the 2008 crisis.

California's housing market faces fragility reminiscent of the 1990s economic downturn.

Shrinking affordability affects both California and national housing markets, with rising income requirements and falling percentage of households qualifying for home purchases.

California's mortgage problems are currently below historical averages, showing improvement despite an increase in late payments.

California's mortgage delinquency rates remain below historical norms, showing an overall improvement.

Newly constructed homes in California are more affordable than existing homes, contrary to national trends.

California's share of investor-owned homes is 19%, ranking it No. 36 among states and below the national average.

Ellen DeGeneres and Portia de Rossi are significantly reducing the price of their U.S. home amid their recent relocation to the U.K.

San Jose's Home Access Program offers $200,000 loans to help low-income, first-time homebuyers with down payments.