With so much market upheaval, is it time to rent – or buy?
It is well known that buying a home, especially in California, is now unaffordable for many.
This is true even for those who seemingly have done everything right and finished school, worked hard and saved diligently.
In fact, in 2023, only 15% of California households could afford to buy a home, according to the California Association of Realtors. This represents the lowest home affordability rate since 2007.
Of course, this is sad because, for many generations, homeownership has been a deeply r