Tuesday, February 7, 2017

Affordability is the major housing market headwind of 2017

Home price affordability will be the biggest issue in housing in 2017, particularly if mortgage interest rates rise.

Over the last 40 years, California inflated three different housing bubbles. Starting in the 1970s with regulations like CEQA, California began to restrict growth. This inhibited...

Affordability is the major housing market headwind of 2017

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