Housing affordability remains out of reach for most San Diegans; average home over $1M

Homeownership remained out of reach for most San Diego County households during the second quarter, despite housing affordability holding steady from the previous quarter, according to a report released Wednesday by the California Association of Realtors. In San Diego County, 17% of households could afford to purchase the county’s median-priced single-family home of $1.075 million during the second quarter, the same as the first quarter and up from 16% a year earlier, the association sa...