Thursday, May 7, 2015

REAL ESTATE NEWS...California Median Home Prices


Calif. median home price: February 2015: 
  • California: $428,970
  • Calif. highest median home price by region/county February 2015: San Mateo, $1,200,000
  • Calif. lowest median home price by region/county February 2015: Siskiyou County, $148,330
Calif. Pending Home Sales Index: 
March 2015: Increased 16.3 percent from 111.9 in February to 130.2 in March.

Calif. Traditional Housing Affordability Index: Fourth Quarter 2014: 30 percent (Source: C.A.R.)

Mortgage rates: Week ending 4/30/2015 (Source: Freddie Mac)
• 30-yr. fixed: 3.68% fees/points: 0.6%
• 15-yr. fixed: 2.94% fees/points: 0.6%
• 1-yr. adjustable: 2.49% Fees/points: 0.4%

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