calif median home price: California Home Statistics update: - 07/12/08 03:24 AM
According to the C.A.R. statistics, more people can afford to buy a home now than back in the “buying frenzy of 2005! Why are you not buying?
Calif. median home price back May 2005 it was at $522,590. Today (May 2008), it is at: $384,840
Calif. First-time Buyer Affordability Index – First Quarter 2008: 44 percent
Just the previous year
May 2007 it was at 25 percent
June 2006 it was at 23 percent
June 2005 it was at 16 percent
Affordability Index Now is at 44% and median home price $384,840
Wow!  
According to the C.A.R. … (0 comments)

 
Aida Pinto, Real Estate Broker (562) 884-6196 (Independent Real Estate Broker) Rainmaker large

Aida Pinto

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