Thursday, June 11, 2015

REAL ESTATE NEWS...California Fast Facts

FAST FACTS
Calif. median home price: April 2015:
•    California: $481,760
•    Calif. highest median home price by region/county April 2015: San Francisco, $1,348,480
•    Calif. lowest median home price by region/county April 2015: Siskiyou County and Glenn, $153,330
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 6/4/2015 (Source: Freddie Mac)
• 30-yr. fixed: 3.87% fees/points: 0.6%
• 15-yr. fixed: 3.08% fees/points: 0.5%
• 1-yr. adjustable: 2.59% Fees/points: 0.4%

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