The 1st Half of 2017 Housing Market Recap
Channel: Iron Point Agents
Date: 2017-09-02

The higher housing prices and lack of inventory has decreased the California housing affordability, meaning the income required to buy a home has doubled in the last five years.  This time last year, 31% could afford to purchase, whereas, at the end of the first half of this year, only 29% of California households could afford to purchase. 

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Iron Point Mortgage is a home loan lender in beautiful Folsom, CA servicing the tri county area of Sacramento, Placer and El Dorado. We offer several loan products including FHA Loan, VA Loan, USDA, Conventional, and Jumbo.

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Kevin Fritz
MLO #220254
Iron Point Mortgage
916-985-3200
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