Santa Clarita Real Estate

California Leads Nation in Least Affordable Housing
Despite falling home prices in many regions of the state, California remains the nation’s least affordable market for homeowners according to the latest California Building Industry Association NAHB/Wells Fargo Housing Opportunity Index.

"Despite market corrections that have made some areas more affordable, the fact remains that the cost of housing in California is out of reach for many hard-working families who want to be able to buy their first home," said CBIA president and CEO Robert Rivinius. 

During the third quarter, nine of the nation’s 10 least-affordable communities were located in California, according to the NAHB index.
The NAHB Index can be viewed online, opens in a new window-pdf file.