Your county's median income buys HOW much house?

Here in the greatest state of California and the world-class "wine-country" region of Northern California , our prices lead the nation and seem to be originating in a galaxy far, far away! Our chief economist of the California Assoc. of Realtors (CAR) gave her annual real estate prognostication for 2016. Leslie does this every year in October. What impressed me about her presentation? the affordability charts.  By the way, here is the LINK to her presentation in my DropBox account.

  This chart shows California by "County". I'm in "Sonoma County" (underlined in red). This shows the percentage of the households who can afford the median home price (we are at $541,000). Only 25% of our population (500,000) can afford the median home price. Oooouch!

Median income households, in Sonoma County those earning $63,000, only 13% of our total listing inventory is available to them. But look at SF? Wow! or Sob?

Income required to buy a median priced home in San Francisco? $267,000+ But look at the salaries.

Then there is Sacramento. A breathtaking tale of two cities.