From the Los Angeles Daily News — click here.:
“The [National Homebuilders A]ssociation said the Los Angeles-Glendale-Long Beach market ranked fourth in the nation for expensive housing. Which helps explain the $350,000 median price of a San Fernando Valley home in January, according to the Southland Regional Association of Realtors.
“Factor in Irvine coming in fifth, San Diego at No. 7 and San Jose at No. 9, and California accounted for six of the 10 least-affordable housing markets in the nation, according to NHBA.” Emphasis added.