To Buy a Home in SoCal, a Family Needs to Make $208K a Year
Briefly

Home buyers in Southern California must earn over $200,000 a year to qualify for a typical house mortgage, a 38% rise since 2022.
In SoCal, the typical monthly house payment surged 38% to $5,020 due to a 6.8% financing rate, impacting affordability and reducing home sales.
Read at therealdeal.com
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