September 2005: Affordability Index in Santa Cruz drops to 11%

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Thinking that Santa Cruz Real Estate is something less than affordable? California feels your pain, as the entire state stands at an average affordability of 15% – down 4% from a year ago. This figure is several percentage points lower for Santa Cruz County, at 11. This number is the percentage of households that can afford to buy the median-priced home. To read up, click the link below.

http://www.car.org/index.php?id=MzU2MzU=

You can see it breaks down affordability by county.

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