Wednesday, January 6, 2016

REAL ESTATE NEWS...California Housing 'Fast Facts'

FAST FACTS
  • California: $475,000
  • Calif. highest median home price by region/county: San Francisco, $1,323,830
  • Calif. lowest median home price by region/county: Siskiyou, $165,000
Calif. Pending Home Sales Index:
Statewide pending home sales fell in November, with the Pending Home Sales Index (PHSI) declining 11.4 percent from 113.4 in October to 100.4 in November, based on signed contracts.
Calif. Traditional Housing Affordability Index: Third Quarter 2015: 29 percent
Mortgage rates: Week ending 12/24/2015 (Source: Freddie Mac)

  • 30-yr. fixed: 3.96% fees/points: 0.6% 
  • 15-yr. fixed: 3.22% fees/points: 0.6%
  • 1-yr. adjustable: 2.68% Fees/points: 0.2%

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