Wednesday, February 25, 2015

Some Fast Real Estate Facts

Calif. median home price: January 2015: 
  • California: $426,790
  • Calif. highest median home price by region/county January 2015: San Mateo, $1,012,500
  • Calif. lowest median home price by region/county January 2015: Del Norte, $152,260
Calif. Pending Home Sales Index:
January 2015: Increased 26.7 percent from 70.9 in December to 89.8 in January.

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

Mortgage rates: Week ending 2/19/2015 (Source: Freddie Mac)
• 30-yr. fixed: 3.76% fees/points: 0.6%
• 15-yr. fixed: 3.05% fees/points: 0.6%
• 1-yr. adjustable: 2.45% Fees/points: 0.4%

Visit Gerry Moylan's real estate website by clicking here

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