Fast Facts

Calif. median home price: May 2011: $$291,760 (Source: C.A.R.)
Calif. highest median home price by region/county May  2011: San Mateo: $810,000 (Source: C.A.R.)
Calif. lowest median home price by region/county May 2011: Merced $113,000 (Source: C.A.R.)

Calif. Pending Home Sales Index: June 2011: 119, an increase of 1.9 percent compared with prior month. (Source: C.A.R.)
 
Calif. First-time Buyer Affordability Index: First quarter 2011: 53 percent (Source: C.A.R.)

Mortgage rates: Week ending 7/14/2011 30-yr. fixed: 4.51 fees/points: 0.7% 15-yr. fixed: 3.65 fees/points: 0.6% 1-yr. adjustable: 2.95% Fees/points: 0.5% (Source: Freddie Mac)

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One Response to “Fast Facts”

  1. Real Estate Investor Website Software on July 29, 2011 at 11:35 am

    This is very beneficial information. Great job Nenita.