california: Pending home sales in February up in the West.
- 04/10/08 10:53 AM
I heard in a news report on Tuesday that the amount of homes that went pending in February was down 1.9%. Of course this is a national average. I was sort of surprised because here in my office our open escrows have grown since January. As I looked closer at the data I found some really good news for us here in the Western states. The Pending Home Sales Index is a forward-looking indicator based on contracts signed in February. The PHSI in the Northeast rose 3.2 percent in February (to 71.8) but remains 25.4 percent below a year ago. In the … (4 comments)
california: Pending home sales in February up in the West.
- 04/10/08 10:53 AM
I heard in a news report on Tuesday that the amount of homes that went pending in February was down 1.9%. Of course this is a national average. I was sort of surprised because here in my office our open escrows have grown since January. As I looked closer at the data I found some really good news for us here in the Western states. The Pending Home Sales Index is a forward-looking indicator based on contracts signed in February. The PHSI in the Northeast rose 3.2 percent in February (to 71.8) but remains 25.4 percent below a year ago. In the … (1 comments)
california: California Fast Facts
- 03/13/08 09:07 AM
Fast Facts Calif. median home price - January 08: $430,370(Source: C.A.R.) Calif. highest median home price by C.A.R. region January 08: Santa Barbara So. Coast $1,135,000 (Source: C.A.R.) Calif. lowest median home price by C.A.R. region January 08: High Desert $234,310 (Source: C.A.R.) Calif. First-time Buyer Affordability Index - Third Quarter 07: 33 percent (Source: C.A.R.) Mortgage rates - week ending 03/06/08 30-yr. fixed: 6.03% Fees/points: 0.5% 15-yr. fixed: 5.47% Fees/points: 0.5% 1-yr. adjustable: 4.94% Fees/points: 0.5% (Source: Freddie Mac) Sincerely Kevin Williamson http://www.williamsonteam.net This information was originally from the CAR.org website … (1 comments)
I heard in a news report on Tuesday that the amount of homes that went pending in February was down 1.9%. Of course this is a national average. I was sort of surprised because here in my office our open escrows have grown since January. As I looked closer at the data I found some really good news for us here in the Western states.;)
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