C.A.R. reports entry-level housing affordability at 64 percent in the second quarter of 2010

LOS ANGELES, CA – August 19, 2010 – (RealEstateRama) — The percentage of households that could afford to buy an entry-level home in California stood at 64 percent in the second quarter of 2010, compared with 67 percent for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)