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Housing affordability falls to lowest level since Great Recession

Floor Covering News

Taming housing costs will ultimately require building more homes, and it will be easier to increase production in more affordable smaller and mid-sized markets that are growing in population and attracting new businesses.”. For the seventh straight quarter, Los Angeles-Long Beach-Glendale, Calif., San Diego-Chula Vista-Carlsbad.

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Housing affordability nears two-year low

Floor Covering News

As builders look to ramp up production, the work-at-home trend is contributing to a suburban shift , meaning that buyers have additional market power to shop for affordable markets.”. In descending order, they included Los Angeles-Long Beach-Glendale; Anaheim-Santa Ana-Irvine; San Diego-Carlsbad; and San Jose-Sunnyvale-Santa Clara.