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Loan Modification

: Mortgage Lender Implode-o-Meter

nearly 70 percent can afford entry level homes in california

By Implode-Explode Heavy Industries

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"The percentage of households that could afford an entry-level home in California rose to 69 percent in the first quarter of 2009, up from 46 percent a year ago, according to CAR... However, that doesn?t mean it?s necessarily the right time to buy, especially with home prices expected to drop another 36 percent in the state over the next 12 to 18 months."

Full post as published by Mortgage Lender Implode-o-Meter on May 19, 2009 (boomark / email).

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