The Brief
- Housing affordability in California hit a four-year high, according to new figures.
- California is historically known as having some of the lowest home affordability in the country.
- Among the Bay Area’s nine counties, Solano was the most affordable.
OAKLAND, Calif. – New figures show that an increasing number of people have been able to afford a home in California, thanks to factors including declining interest rates and falling home prices.
The analysis from the California Association of Realtors (C.A.R.) found housing affordability in the Golden State, widely known as having some of the lowest home affordability in the country, hit a four-year high.
By the numbers:…