Properties in several areas are selling for less than they did 20 years ago, and that's not including inflation. Some first-time buyers are nabbing houses for less than what their parents paid. In parts of Southern California, the housing crash has upended a basic tenet of the American dream: that home values always increase over the long term.

Topics:  southern california   american   home   parts   
BING NEWS:
  • Entry-level California home costs up 88% from 2020, fires to spike prices further
    The monthly payment to purchase an entry-level California home has risen 88% since 2020, according to a new report from the non-partisan, state-funded Legislative Analyst’s Office. With the ongoing ...
    01/16/2025 - 3:25 am | View Link
  • Home Prices Are Falling Fast in These 10 Pricey and Popular Cities
    Below is a list of the top 10 cities where prices are dropping fast: Percentage change year over year: -10.87% Percentage change year over year: -9.9% The post Home Prices Are Falling Fast in These 10 ...
    01/12/2025 - 9:05 pm | View Link
  • Denver Home Prices Are Falling, but Does That Mean Buying a House Is Affordable?
    Denver had the seventh-highest drop in home prices in 2024, according to Realtor.com. But that doesn’t necessarily mean buying a home in Denver is affordable. Though the median list price of a home in ...
    01/10/2025 - 7:08 am | View Link
  • Rhode Island’s home prices keep going up amid a rebound of New England’s housing market
    It’s been the area of the US, when you look at it regionally, that has continued to have relatively stronger price appreciation relative to some other parts where prices are even declining,” said ...
    01/9/2025 - 10:00 pm | View Link
  • Americans Face $1 Trillion Drop In Availability Of Home Insurance
    Wildfires in the area around LA have proven that home insurance availability has dropped considerably around the country.
    01/9/2025 - 2:27 am | View Link
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