Real Estate
June 18, 2013
Homebuilders face obstacles despite bright spots
A limited supply of new and existing homes for sale have caused a jump in homebuilders' average selling prices, but...
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They Said It
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56% of homebuyers are able to afford a median-priced, existing single-family home in the state, the California Association of Realtors said. That is up from a home affordability rate of 55% in the fourth-quarter of last year and 53% in the first quarter of 2011.
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