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Housing affordability falls to lowest level since Great Recession

Floor Covering News

For the seventh straight quarter, Los Angeles-Long Beach-Glendale, Calif., Top five least affordable major housing markets—all located in California: Los Angeles-Long Beach-Glendale. San Diego-Chula Vista-Carlsbad. San Francisco-San Mateo-Redwood City. San Jose-Sunnyvale-Santa Clara.

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Housing affordability remains steady

Floor Covering News

Los Angeles-Long Beach-Glendale, Calif., supplanted San Francisco-Redwood City-South San Francisco, Calif., In descending order, they included San Francisco-Redwood City-South San Francisco; Anaheim-Santa Ana-Irvine; San Diego-Carlsbad; and San Jose-Sunnyvale-Santa Clara. Wheeling, W.Va.-Ohio

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Housing affordability nears two-year low

Floor Covering News

In descending order, they included Los Angeles-Long Beach-Glendale; Anaheim-Santa Ana-Irvine; San Diego-Carlsbad; and San Jose-Sunnyvale-Santa Clara. There, just 9% of the homes sold during the third quarter were affordable to families earning the area’s median income of $130,900.