Thursday, May 1, 2014

REAL ESTATE NEWS


FAST FACTS
Calif. median home price: March 2014:
  • California: $435,470
  • Calif. highest median home price by region/county March 2014: Marin, $1.16 million
  • Calif. lowest median home price by region/county February 2014:
    Glenn, $140,000
Calif. Pending Home Sales Index:
March 2014: Increased 17.8 percent from 97.1 in February to 114.4 in March.
 
Calif. Traditional Housing Affordability Index: Fourth Quarter 2013: 32 percent (Source: C.A.R.)

Mortgage rates: Week ending 4/24/2014 (Source: Freddie Mac)
  • 30-yr. fixed: 4.33% fees/points: 0.6%
  • 15-yr. fixed: 3.39% fees/points: 0.6%
  • 1-yr. adjustable: 2.44% Fees/points: 0.5%
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