Page 10 - CAR - Market Update Feb 2021
P. 10
The good news is, WE can make a Win-Win-Win scenario
California Renter Population by Ethnicity and Income Eligibility
Latinx, 443,715
White, 707,836
~1.5 million Asian, 194,810
high income 40% of Income
renters 85% of Median Price
3.94% 30-yr FRM
3.5% Downpayment
1.38% Taxes/Ins. Black, 84,659
1% Annual PMI Fee
Not Qualified, 4,436,603
Other, 61,197
SOURCE: U.S. Census Bureau page
CALIFORNIA ASSOCIATION OF REALTORS®
10
