1. Los Angeles-Orange County homeownership ranks nation’s worst, again

    Los Angeles-Orange County homeownership ranks nation’s worst, again

    Los Angeles and Orange counties last year had the nation’s lowest homeownership rate for the third time in a row while the Inland Empire hit an 11-year high.

    Census stats, highlighting long-running home affordability challenges, show 48.5% of L.A.-O.C. households living in residences they owned. That was the lowest rate among 75 big metropolitan areas tracked. The top metro was Florida’s Cape Coral-Fort Myers at 77.4%.

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