S.D. housing as affordable as 'wine country' - 2004-02-06
San Diego possessed the least affordable housing in the state in December, with only 15 percent of households able to afford a median-priced home, it was disclosed today.
The minimum household income needed to purchase a median-priced home at $404,520 in California in December was $94,730, based on a typical 30-year, fixed-rate mortgage at 5.82 percent and assuming a 20 percent down payment.
Read the full story at SignOn San Diego