San Bernardino and Riverside were ranked No. 28 and 33, respectively.
California has 13 of the nation’s housing markets most vulnerable to price declines in a potential economic downturn, according to real estate data analytics firm Attom.
All of these counties have higher levels of unaffordable housing, more mortgages larger than home values, above-average foreclosure rates and troublesome unemployment. Counties the least at risk were concentrated in the South and Midwest, apart from Chicago. The highest on the list was Butte County at No. 15 where projected house payments run 49% of local incomes; 5.6% of homes are underwater and there’s a 7.7% unemployment rate.49% income ratio; 7.8% underwater; 11.5% unemployment.42% income ratio; 8.3% underwater; 7.5% unemployment.41% income ratio; 7.6% underwater; 10.9% unemployment.59% income ratio; 5.6% underwater; 9.6% unemployment.41% income ratio; 4.6% underwater; 11.7% unemployment.45% income ratio; 5.6% underwater; 10% unemployment.
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