Homeownership further out of reach as rising prices, high mortgage rates widen affordability gap
By ALEX VEIGA, AP Business WriterLOS ANGELES (AP) — Homeownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what buyers can afford.A homebuyer now needs to earn at least $114,000 a year to afford a $431,250 home — the natio
San Diego Neighborhood Guide: Encinitas
Defined by its beach culture, the North County neighborhood of Encinitas is known for its optimal surf conditions, laid back vibe, and six miles of coastline. In its downtown located along Highway 101, you’ll find eclectic restaurants, beach-inspired shops, and historic architecture, flanked by the
California home sales tumble below Great Recession low for 21 months
Call it what you want, but California’s homebuying pace remains below the Great Recession’s bottom.My trusty spreadsheet reviewed a new set of home sales figures created for the Southern California News Group by real estate tracker Attom. These broad-based statistics track closed transactions by mon
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