{"id":59,"date":"2009-08-16T13:47:49","date_gmt":"2009-08-16T20:47:49","guid":{"rendered":"http:\/\/www.jerrybice.com\/wordpress\/?p=59"},"modified":"2009-08-16T13:47:49","modified_gmt":"2009-08-16T20:47:49","slug":"entry-level-housing-affordability-reached-67-percent-in-q2-09","status":"publish","type":"post","link":"https:\/\/www.jerrybice.com\/wordpress\/entry-level-housing-affordability-reached-67-percent-in-q2-09\/","title":{"rendered":"Entry-level housing affordability reached 67 percent in Q2 09"},"content":{"rendered":"

Friday, August 14, 2009
\nQuick Facts:
\n\u00c2\u00b7 C.A.R. First-time Buyer Housing Affordability Index stood at 67 percent in the second quarter of 2009 compared with 49 percent (revised) in the second quarter of 2008
\n\u00c2\u00b7 The median price of an entry-level home in California was $224,180 in the second quarter of 2009
\n\u00c2\u00b7 The estimated monthly payment including taxes and insurance was $1,330 in the second quarter of 2009
\n\u00c2\u00b7 The minimum household income needed to purchase an entry-level home in California in the second quarter of 2009 was $39,930<\/p>\n

C.A.R. reports entry-level housing affordability\u00c2\u00a0reached 67 percent in the second quarter of 2009<\/p>\n

LOS ANGELES (Aug. 14) The percentage of households that could afford to buy an entry-level home in California stood at 67 percent in the second quarter of 2009, compared with 49 percent (revised) for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS\u00c2\u00ae (C.A.R.).<\/p>\n

C.A.R.\u00e2\u20ac\u2122s First-time Buyer Housing Affordability Index (FTB-HAI) measures the percentage of households that can afford to purchase an entry-level home in California. C.A.R. also reports first-time buyer indexes for regions and select counties within the state. The Index is the most fundamental measure of housing well-being for first-time buyers in the state.<\/p>\n

The minimum household income needed to purchase an entry-level home at $224,180 in California in the second quarter of 2009 was $39,930, based on an adjustable interest rate of 4.92 percent and assuming a 10 percent down payment. First-time buyers typically purchase a home equal to 85 percent of the prevailing median price. The monthly payment including taxes and insurance was $1,330 for the second quarter of 2009.<\/p>\n

At $39,930, the minimum qualifying income was 34 percent lower than a year earlier when households needed $60,460 to qualify for a loan on an entry-level home. Recent decreases in home prices and mortgage rates have brought affordability into better alignment with income levels of the typical California households, where the median household income is $61,030.<\/p>\n

The First-time Buyer Housing Affordability Index declined 2 percentage points in the second quarter of this year compared with the first quarter of 2009, due to a 6.4 percent increase in the price of an entry-level home.<\/p>\n

At 86 percent, the High Desert region was the most affordable area in the state. The San Luis Obispo County region was the least affordable in the state at 50 percent, followed by the Orange County region at 53 percent.<\/p>\n

Leading the way\u00e2\u20ac\u00a6\u00c2\u00ae in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS\u00c2\u00ae (www.car.org) is one of the largest state trade organizations in the United States with more than 163,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

C.A.R. Region<\/span><\/strong><\/p>\n<\/td>\n

\n

Q2 2009<\/span><\/strong><\/p>\n<\/td>\n

\n

Q1 2009<\/span><\/strong><\/p>\n<\/td>\n

\n

<\/strong><\/p>\n<\/td>\n

\n

Q2 2008<\/span><\/strong><\/p>\n<\/td>\n

<\/td>\n<\/tr>\n
\n

California<\/span><\/p>\n<\/td>\n

\n

67<\/span><\/p>\n<\/td>\n

\n

69<\/span><\/p>\n<\/td>\n

<\/td>\n\n

49<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

California<\/span> – Condos<\/span><\/p>\n<\/td>\n

\n

70<\/span><\/p>\n<\/td>\n

\n

72<\/span><\/p>\n<\/td>\n

<\/td>\n\n

54<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

United States<\/span><\/p>\n<\/td>\n

\n

76<\/span><\/p>\n<\/td>\n

\n

77<\/span><\/p>\n<\/td>\n

<\/td>\n\n

69<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

High<\/span> Desert<\/span><\/p>\n<\/td>\n

\n

86<\/span><\/p>\n<\/td>\n

\n

83<\/span><\/p>\n<\/td>\n

<\/td>\n\n

70<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Los Angeles<\/span> County<\/span><\/p>\n<\/td>\n

\n

56<\/span><\/p>\n<\/td>\n

\n

57<\/span><\/p>\n<\/td>\n

<\/td>\n\n

41<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Monterey<\/span> Region<\/span><\/p>\n<\/td>\n

\n

71<\/span><\/p>\n<\/td>\n

\n

71<\/span><\/p>\n<\/td>\n

<\/td>\n\n

42<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Northern California<\/span><\/p>\n<\/td>\n

\n

62<\/span><\/p>\n<\/td>\n

\n

63<\/span><\/p>\n<\/td>\n

<\/td>\n\n

54<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Northern Wine Country<\/span><\/p>\n<\/td>\n

\n

59<\/span><\/p>\n<\/td>\n

\n

60<\/span><\/p>\n<\/td>\n

<\/td>\n\n

41<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Orange<\/span> County<\/span><\/p>\n<\/td>\n

\n

53<\/span><\/p>\n<\/td>\n

\n

56<\/span><\/p>\n<\/td>\n

<\/td>\n\n

40<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Palm Sprgs\/Lwr Desert<\/span><\/p>\n<\/td>\n

\n

76<\/span><\/p>\n<\/td>\n

\n

75<\/span><\/p>\n<\/td>\n

<\/td>\n\n

49<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Riverside\/SBernardino<\/span><\/p>\n<\/td>\n

\n

79<\/span><\/p>\n<\/td>\n

\n

77<\/span><\/p>\n<\/td>\n

<\/td>\n\n

62<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Sacramento<\/span> County<\/span><\/p>\n<\/td>\n

\n

79<\/span><\/p>\n<\/td>\n

\n

80<\/span><\/p>\n<\/td>\n

<\/td>\n\n

70<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Diego<\/span> County<\/span><\/p>\n<\/td>\n

\n

59<\/span><\/p>\n<\/td>\n

\n

60<\/span><\/p>\n<\/td>\n

<\/td>\n\n

46<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Francisco<\/span> Bay<\/span><\/p>\n<\/td>\n

\n

55<\/span><\/p>\n<\/td>\n

\n

62<\/span><\/p>\n<\/td>\n

<\/td>\n\n

33<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Luis Obispo<\/span> County<\/span><\/p>\n<\/td>\n

\n

50<\/span><\/p>\n<\/td>\n

\n

49<\/span><\/p>\n<\/td>\n

<\/td>\n\n

36<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Santa Barbara<\/span> Area<\/span><\/p>\n<\/td>\n

\n

55<\/span><\/p>\n<\/td>\n

\n

64<\/span><\/p>\n<\/td>\n

<\/td>\n\n

42<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Santa Clara<\/span> County<\/span><\/p>\n<\/td>\n

\n

58<\/span><\/p>\n<\/td>\n

\n

62<\/span><\/p>\n<\/td>\n

<\/td>\n\n

34<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Southern California<\/span><\/p>\n<\/td>\n

\n

67<\/span><\/p>\n<\/td>\n

\n

68<\/span><\/p>\n<\/td>\n

<\/td>\n\n

48<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Ventura<\/span> County<\/span><\/p>\n<\/td>\n

\n

59<\/span><\/p>\n<\/td>\n

\n

65<\/span><\/p>\n<\/td>\n

<\/td>\n\n

50<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

County<\/span><\/strong><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Alameda<\/span><\/p>\n<\/td>\n

\n

55<\/span><\/p>\n<\/td>\n

\n

62<\/span><\/p>\n<\/td>\n

<\/td>\n\n

39<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Contra Costa<\/span><\/p>\n<\/td>\n

\n

43<\/span><\/p>\n<\/td>\n

\n

50<\/span><\/p>\n<\/td>\n

<\/td>\n\n

31<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Fresno<\/span><\/p>\n<\/td>\n

\n

78<\/span><\/p>\n<\/td>\n

\n

77<\/span><\/p>\n<\/td>\n

<\/td>\n\n

62<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Marin<\/span><\/p>\n<\/td>\n

\n

37<\/span><\/p>\n<\/td>\n

\n

41<\/span><\/p>\n<\/td>\n

<\/td>\n\n

23<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Merced<\/span><\/p>\n<\/td>\n

\n

84<\/span><\/p>\n<\/td>\n

\n

84<\/span><\/p>\n<\/td>\n

<\/td>\n\n

71<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Riverside<\/span><\/p>\n<\/td>\n

\n

79<\/span><\/p>\n<\/td>\n

\n

77<\/span><\/p>\n<\/td>\n

<\/td>\n\n

60<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Bernardino<\/span><\/p>\n<\/td>\n

\n

82<\/span><\/p>\n<\/td>\n

\n

79<\/span><\/p>\n<\/td>\n

<\/td>\n\n

64<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Francisco<\/span><\/p>\n<\/td>\n

\n

36<\/span><\/p>\n<\/td>\n

\n

39<\/span><\/p>\n<\/td>\n

<\/td>\n\n

25<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Mateo<\/span><\/p>\n<\/td>\n

\n

39<\/span><\/p>\n<\/td>\n

\n

51<\/span><\/p>\n<\/td>\n

<\/td>\n\n

26<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Santa Cruz<\/span><\/p>\n<\/td>\n

\n

46<\/span><\/p>\n<\/td>\n

\n

53<\/span><\/p>\n<\/td>\n

<\/td>\n\n

31<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Sonoma<\/span><\/p>\n<\/td>\n

\n

62<\/span><\/p>\n<\/td>\n

\n

63<\/span><\/p>\n<\/td>\n

<\/td>\n\n

48<\/span><\/p>\n<\/td>\n

\n

r<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

* — percentage of California households that can afford to purchase an entry-level home
\nr \u00e2\u20ac\u201c revised<\/p>\n

Source:\u00c2\u00a0 CALIFORNIA ASSOCIATION OF REALTORS\u00c2\u00ae<\/p>\n

\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

C.A.R. Region<\/span><\/strong><\/p>\n<\/td>\n

\n

Housing
\nAffordability Index<\/span><\/strong><\/td>\n

\n

Entry-Level Price<\/span><\/strong><\/p>\n<\/td>\n

\n

Monthly Payment Including Taxes & Insurance<\/span><\/strong><\/p>\n<\/td>\n

\n

Minimum
\nQualifying Income<\/span><\/strong><\/td>\n<\/tr>\n

\n

California<\/span><\/p>\n<\/td>\n

\n

67<\/span><\/p>\n<\/td>\n

\n

$224,180<\/span><\/p>\n<\/td>\n

\n

$1,330<\/span><\/p>\n<\/td>\n

\n

$39,930<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

California<\/span> – Condos<\/span><\/p>\n<\/td>\n

\n

70<\/span><\/p>\n<\/td>\n

\n

$206,910<\/span><\/p>\n<\/td>\n

\n

$1,230<\/span><\/p>\n<\/td>\n

\n

$36,860<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

United States<\/span><\/p>\n<\/td>\n

\n

76<\/span><\/p>\n<\/td>\n

\n

$147,990<\/span><\/p>\n<\/td>\n

\n

$880<\/span><\/p>\n<\/td>\n

\n

$26,360<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

High<\/span> Desert<\/span><\/p>\n<\/td>\n

\n

86<\/span><\/p>\n<\/td>\n

\n

$91,110<\/span><\/p>\n<\/td>\n

\n

$540<\/span><\/p>\n<\/td>\n

\n

$16,230<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Los Angeles<\/span> County<\/span><\/p>\n<\/td>\n

\n

56<\/span><\/p>\n<\/td>\n

\n

$264,460<\/span><\/p>\n<\/td>\n

\n

$1,570<\/span><\/p>\n<\/td>\n

\n

$47,110<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Monterey<\/span> Region<\/span><\/p>\n<\/td>\n

\n

71<\/span><\/p>\n<\/td>\n

\n

$213,150<\/span><\/p>\n<\/td>\n

\n

$1,270<\/span><\/p>\n<\/td>\n

\n

$37,970<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Northern California<\/span><\/p>\n<\/td>\n

\n

62<\/span><\/p>\n<\/td>\n

\n

$224,540<\/span><\/p>\n<\/td>\n

\n

$1,330<\/span><\/p>\n<\/td>\n

\n

$40,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Northern Wine Country<\/span><\/p>\n<\/td>\n

\n

59<\/span><\/p>\n<\/td>\n

\n

$286,420<\/span><\/p>\n<\/td>\n

\n

$1,700<\/span><\/p>\n<\/td>\n

\n

$51,020<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Orange<\/span> County<\/span><\/p>\n<\/td>\n

\n

53<\/span><\/p>\n<\/td>\n

\n

$397,890<\/span><\/p>\n<\/td>\n

\n

$2,360<\/span><\/p>\n<\/td>\n

\n

$70,880<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Palm Sprgs\/Lwr Desert<\/span><\/p>\n<\/td>\n

\n

76<\/span><\/p>\n<\/td>\n

\n

$131,040<\/span><\/p>\n<\/td>\n

\n

$780<\/span><\/p>\n<\/td>\n

\n

$23,340<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Riverside\/SBernardino<\/span><\/p>\n<\/td>\n

\n

79<\/span><\/p>\n<\/td>\n

\n

$137,260<\/span><\/p>\n<\/td>\n

\n

$820<\/span><\/p>\n<\/td>\n

\n

$24,450<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Sacramento<\/span> County<\/span><\/p>\n<\/td>\n

\n

79<\/span><\/p>\n<\/td>\n

\n

$150,870<\/span><\/p>\n<\/td>\n

\n

$900<\/span><\/p>\n<\/td>\n

\n

$26,880<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Diego<\/span> County<\/span><\/p>\n<\/td>\n

\n

59<\/span><\/p>\n<\/td>\n

\n

$295,000<\/span><\/p>\n<\/td>\n

\n

$1,750<\/span><\/p>\n<\/td>\n

\n

$52,550<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Francisco<\/span> Bay<\/span><\/p>\n<\/td>\n

\n

55<\/span><\/p>\n<\/td>\n

\n

$401,970<\/span><\/p>\n<\/td>\n

\n

$2,390<\/span><\/p>\n<\/td>\n

\n

$71,600<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Luis Obispo<\/span> County<\/span><\/p>\n<\/td>\n

\n

50<\/span><\/p>\n<\/td>\n

\n

$303,880<\/span><\/p>\n<\/td>\n

\n

$1,800<\/span><\/p>\n<\/td>\n

\n

$54,130<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Santa Barbara<\/span> Area<\/span><\/p>\n<\/td>\n

\n

55<\/span><\/p>\n<\/td>\n

\n

$304,480<\/span><\/p>\n<\/td>\n

\n

$1,810<\/span><\/p>\n<\/td>\n

\n

$54,240<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Santa Clara<\/span> County<\/span><\/p>\n<\/td>\n

\n

58<\/span><\/p>\n<\/td>\n

\n

$425,000<\/span><\/p>\n<\/td>\n

\n

$2,520<\/span><\/p>\n<\/td>\n

\n

$75,710<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Southern California<\/span><\/p>\n<\/td>\n

\n

67<\/span><\/p>\n<\/td>\n

\n

$223,850<\/span><\/p>\n<\/td>\n

\n

$1,330<\/span><\/p>\n<\/td>\n

\n

$39,880<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Ventura<\/span> County<\/span><\/p>\n<\/td>\n

\n

59<\/span><\/p>\n<\/td>\n

\n

$353,640<\/span><\/p>\n<\/td>\n

\n

$2,100<\/span><\/p>\n<\/td>\n

\n

$63,000<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

County<\/span><\/strong><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Alameda<\/span><\/p>\n<\/td>\n

\n

55<\/span><\/p>\n<\/td>\n

\n

$358,740<\/span><\/p>\n<\/td>\n

\n

$2,130<\/span><\/p>\n<\/td>\n

\n

$63,900<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Contra Costa<\/span><\/p>\n<\/td>\n

\n

43<\/span><\/p>\n<\/td>\n

\n

$512,130<\/span><\/p>\n<\/td>\n

\n

$3,040<\/span><\/p>\n<\/td>\n

\n

$91,220<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Fresno<\/span><\/p>\n<\/td>\n

\n

78<\/span><\/p>\n<\/td>\n

\n

$117,990<\/span><\/p>\n<\/td>\n

\n

$700<\/span><\/p>\n<\/td>\n

\n

$21,020<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Marin<\/span><\/p>\n<\/td>\n

\n

37<\/span><\/p>\n<\/td>\n

\n

$674,320<\/span><\/p>\n<\/td>\n

\n

$4,000<\/span><\/p>\n<\/td>\n

\n

$120,110<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Merced<\/span><\/p>\n<\/td>\n

\n

84<\/span><\/p>\n<\/td>\n

\n

$87,380<\/span><\/p>\n<\/td>\n

\n

$520<\/span><\/p>\n<\/td>\n

\n

$15,560<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Riverside<\/span><\/p>\n<\/td>\n

\n

79<\/span><\/p>\n<\/td>\n

\n

$140,220<\/span><\/p>\n<\/td>\n

\n

$830<\/span><\/p>\n<\/td>\n

\n

$24,980<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Bernardino<\/span><\/p>\n<\/td>\n

\n

82<\/span><\/p>\n<\/td>\n

\n

$117,800<\/span><\/p>\n<\/td>\n

\n

$700<\/span><\/p>\n<\/td>\n

\n

$20,980<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Francisco<\/span><\/p>\n<\/td>\n

\n

36<\/span><\/p>\n<\/td>\n

\n

$557,600<\/span><\/p>\n<\/td>\n

\n

$3,310<\/span><\/p>\n<\/td>\n

\n

$99,320<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

San Mateo<\/span><\/p>\n<\/td>\n

\n

39<\/span><\/p>\n<\/td>\n

\n

$605,630<\/span><\/p>\n<\/td>\n

\n

$3,600<\/span><\/p>\n<\/td>\n

\n

$107,880<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Santa Cruz<\/span><\/p>\n<\/td>\n

\n

46<\/span><\/p>\n<\/td>\n

\n

$409,700<\/span><\/p>\n<\/td>\n

\n

$2,430<\/span><\/p>\n<\/td>\n

\n

$72,980<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Sonoma<\/span><\/p>\n<\/td>\n

\n

62<\/span><\/p>\n<\/td>\n

\n

$285,240<\/span><\/p>\n<\/td>\n

\n

$1,690<\/span><\/p>\n<\/td>\n

\n

$50,810<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Source:\u00c2\u00a0 CALIFORNIA ASSOCIATION OF REALTORS\u00c2\u00ae<\/span><\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Friday, August 14, 2009 Quick Facts: \u00c2\u00b7 C.A.R. First-time Buyer Housing Affordability Index stood at 67 percent in the second quarter of 2009 compared with 49 percent (revised) in the second quarter of 2008 \u00c2\u00b7 The median price of an entry-level home in California was $224,180 in the second quarter of 2009 \u00c2\u00b7 The estimated … <\/p>\n

Continue reading “Entry-level housing affordability reached 67 percent in Q2 09”<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[1597],"tags":[2210,2213],"_links":{"self":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/59"}],"collection":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/comments?post=59"}],"version-history":[{"count":0,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/59\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/media?parent=59"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/categories?post=59"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/tags?post=59"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}