California house hunters can afford only 12% of homes up for sale
Only 12% of homes for sale in California's six largest metro areas are affordable to typical local incomes, compared to 38% affordability in other major U.S. metros.
California house hunters can afford only 12% of homes up for sale
Only 12% of homes for sale in California's six largest metropolitan areas are affordable to typical local incomes, compared to 38% affordability in other major U.S. metros.
California house hunters can afford only 12% of homes up for sale
Only 12% of homes for sale in California's six largest metro areas are affordable to typical local incomes, compared to 38% affordability in other major U.S. metros.
California house hunters can afford only 12% of homes up for sale
Only 12% of homes for sale in California's six largest metropolitan areas are affordable to typical local incomes, compared to 38% affordability in other major U.S. metros.
These 15 housing markets have the most borrowers underwater
2.1% of U.S. homeowner mortgages are underwater as of December 2025, up from 1.3% in December 2024, though significantly lower than the 23% peak during the 2009 financial crisis.