As we kick off National Fair Housing Month next month, let’s delve into some eye-opening statistics. Did you know that the minimum annual income required to purchase a median-priced home in San Diego County is $249,200? Newly-released data from California Association of Realtors’ Housing Affordability Index shows that a typical single-family home, priced at $931,600, is affordable for just 11% of households across the county.
These statistics underscore the pressing need for accessible housing options. The State of the Nation’s Housing report, released annually by the Joint Center for Housing Studies of Harvard University, offers invaluable insights into the challenges, trends, and opportunities shaping our housing market. Explore the full report to understand housing affordability trends across the nation and join us in advocating for equitable access to housing for all.