18
May
May
ModBee reports Stanislaus County leads in home affordability
Good news for homebuyers:
Home affordability has hit a record high in Stanislaus County. Just-released statistics show Stanislaus’s median-income families could afford to buy 83.5 percent of the homes sold during the first three months of this year. That’s the highest affordability rate in California and the highest in Stanislaus’ history. It’s a remarkable turnaround since 2005, the height of the building boom, when just 3 percent of homes were affordable to Stanislaus’ median-income families.