C.A.R. reports entry-level housing affordability remained at 64 percent in the fourth quarter of 2009

LOS ANGELES, CA – February 15, 2010 – (RealEstateRama) — The percentage of households that could afford to buy an entry-level home in California remained at 64 percent in the fourth quarter of 2009, compared with 61 percent (revised) for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).