Thursday, September 08, 2005

C.A.R. Reports California's Housing Affordability Index Fell Three Points to 16 Percent in July


C.A.R. Reports California's Housing Affordability Index Fell Three Points to 16 Percent in July
LOS ANGELES--(BUSINESS WIRE)--Sept. 8, 2005--The percentage of households in California able to afford a median-priced home stood at 16 in California real estate for 100 years, the California Association of REALTORS

Why rising interest rates haven't sunk the real estate market _ yet
(08-12) 14:03 PDT San Francisco (AP) -- Rising interest rates are supposed to be an economic sedative, but the hyperactive real estate market has retained its vigor even as the prime lending rate has climbed to a nearly four-year high. downturn in prices are in California, Massachusetts and New York, according to

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