LOS ANGELES, CA – February 10, 2011 – (RealEstateRama) — First-time buyer housing affordability matched or set new record-high levels in all regions of the state during the fourth quarter of 2010, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. Led by historic-low interest rates and a slight decline in home prices, housing affordability surpassed or maintained current levels in both quarter-over-quarter and year-over-year comparisons statewide.
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