Thursday, January 17, 2013

Important housing facts!


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Important housing facts! 



According to C.A.R. here are some of the facts that are about the Housing Market:

Calif. median home price: December 2012: $366,930 (Source: C.A.R.)
Calif. highest median home price by region/county December 2012: Marin, $796,880 (Source: C.A.R.)
Calif. lowest median home price by region/county December 2012: Lake County, $127,500 (Source: C.A.R.) 
Calif. Pending Home Sales Index: November 2012: 103.5 , down 14.4 percent from October's 121.

Calif. Traditional Housing Affordability Index: Third quarter 2012: 49 percent (Source: C.A.R.)

Mortgage rates: Week ending 1/3/2013 30-yr. fixed: 3.40% fees/points: 0.7% 15-yr. fixed: 2.66 fees/points: 0.7% 1-yr. adjustable: 2.60% Fees/points: 0.5% (Source: Freddie Mac) 

Give us a call and let us know what can we do to help you out !
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