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Latest and Greatest in Real Estate

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Mortgage and Lending with Sun Pacific Mortgage and Real Estate DRE#01014873/NMLS#361315

Latest and Greatest in Real Estate


I was perusing the latest and greatest in the Real Estate world this morning and I discovered a very recent update on how the market is doing on average. There were some great facts in this article and video such as home sale rates, price averages, distressed home averages and more. Check out the link below for the full details.

Here are some of the great facts within:  

“Median Existing-home price for all housing types was $163,800 in March, up 2.5% from March 2011.”

“Investors purchased 21% of homes in March… and first-time home buyers accounted for 33% of transactions in March” up from last month.

“According to Freddie Mac, the national average commitment rate for a 30 year, conventional, fixed-rate mortgage was 3.95% in March.”

“All-cash sales slipped to 32% of transactions in March from its previous 33% in February.”

For more click the link!




Video/article can be found here! 

 

Lynn Tardibuono – Flipper Chick- Real Estate Agent and Co-Owner of Sun Pacific Mortgage and Real Estate.  Serving Sonoma County since 1988.  Her number is (707)523-2099 and you can also visit our redesigned website at http://www.sunpacmortgage.com Also be sure to like us on facebook! Click this link! 

DRE license #01014873

Comments (2)

Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Lynn, those numbers show improvement like prices moving up slightly and investors staying in the market. 

May 22, 2012 07:30 AM
Lynn Tardibuono
Sun Pacific Mortgage and Real Estate - Santa Rosa, CA
Sun Pacific Mortgage and Real Estate

I agree, Adrian

May 22, 2012 07:34 AM