Average earners getting squeezed out of Sacramento region’s tight housing market

The nation’s housing market is suffering from a lack of homes for sale. Here’s where the shortage is most severe-and getting worse. 10 U.S. Markets With the Tightest Housing Supply | realtor.com

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Relentless buyer demand throughout the entire four-county Greater Sacramento region is maintaining a tight squeeze on the resale housing market. At the end of May, 4,258 homes were left active and available for sale.. sales with the lowest average sales price for the region at $346,000.

Sacramento’s housing market is turning hot – so hot, in fact, that it’s expected to become the fourth-hottest market in the country next year. Realtor.com, an online real estate site, said.

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For reference, new starter homes in the Sacramento region are now clocking in at $310,000. Average earners getting squeezed out of Sacramento region’s tight housing market – Real Estate – The Sacramento Bee _____

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California’s Housing Market Forecast. This report covers key housing market data including California home prices, sales, recent trends from CAR, NAR, Statista, Zillow and more, and predict what might be next for 2020.. Unlike many other US housing markets, California real estate prices have sagged, and the experts believe taxes and departing businesses are the reason.

By Howard Hardee. Chico’s tight housing market is especially difficult for low-income families and there’s little relief in sight. Published on March 9, 2017 as Feature Story in the Local Stories section of the Chico News & Review

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Affordable housing lags in most parts of the country Ask most experts and they’ll tell you the problem with affordable.

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Home sales in Sacramento last month were the highest since 2012. Across Sacramento County, the average home is on the market just eight days before selling. Subscribe to KCRA on YouTube now for.

 · LOS ANGELES, Sept. 15, 2016 /PRNewswire-USNewswire/ — California home sales downshifted in August as low housing affordability and a tight.

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Middle-income earners in San Francisco make too much to qualify for most subsidized affordable housing, but don’t earn enough to feasibly afford market-rate housing. This dilemma has taken.