Home prices in the Bay Area continued their upward surge in June, though buyers there are struggling with low inventory and still-tough lending requirements.
Bay Area Supply Stays Tight, Demand High
Justin Sullivan
SAN FRANCISCO, CA - FEBRUARY 18: A bicyclist rides by a row of homes on February 18, 2014 in San Francisco, California. According to a report by mortgage resource site HSH.com, an annual salary of $115,510 is needed to purchase a house in San Francisco where the median home price is $682,410. The report included 25 of the nations largest metropolitan cities with Cleveland, Ohio being the cheapest with a needed salary of $19,435 to purchase a home. (Photo by Justin Sullivan/Getty Images) ** OUTS - ELSENT, FPG, TCN - OUTS * NM, PH, VA if sourced by CT, LA or MoD **
