Pasadena Star: Middle-class workers can’t afford to buy homes in L.A. County and the future looks dim

Oscar Sol has spent the past five months searching for a home he can afford to buy. But so far, he has struck out. “I’m looking for a condo or town home, something in the price range of $300,000 to $350,000,” the 37-year-old North Hollywood resident said. “Homes are too expensive here so now I’m looking in Santa Clarita.” Good luck with that. Santa Clarita’s median home price — the point at which half of the homes cost more — was $550,000 in December, up 17 percent from a year earlier, according to price tracker CoreLogic. And that’s not the worst of it.