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Less than 18% of all Californians earned enough income to support the purchase of an $865,440 median-priced home in 2024, ...
especially with mortgage rates edging near 7% on a 30-year fixed, picture a couple of disheveled-looking parents touring a model home with a couple kids in tow, the ones with that desperate look ...
Meanwhile, 27% of Asian households could afford a median-priced home last year. According to CAR, interest rates remained elevated and the typical monthly mortgage ... to the Census Bureau's ...