Thursday, March 5, 2015

FAST 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 2/26/2015 (Source: Freddie Mac)

     • 30-yr. fixed: 3.80% fees/points: 0.6%
     • 15-yr. fixed: 3.07% fees/points: 0.6%
     • 1-yr. adjustable: 2.99% Fees/points: 0.5%

*Info provided by the California Association of Realtors

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