Hello Everyone, Tim Garton's news you can use about California Real Estate. Although Tim Specializes in Vallejo CA and the areas surrounding Vallejo I did want to share some good statictics for both buyers and sellers having questions. Please see links and stats below and Tim Garton can be reached at 707-315-5555.
FAST FACTS
Calif. median home price: May 2015:
- California: $485,830
- Calif. highest median home price by region/county May 2015: San Francisco, $1,375,000
- Calif. lowest median home price by region/county May 2015: Glenn, $175,000
Calif. Pending Home Sales Index:
May 2015: Decreased 4.6 percent from a revised 129.6 in April to 123.6
Calif. Traditional Housing Affordability Index: First Quarter 2015: 34 percent (Source: C.A.R.)
Mortgage rates: Week ending 7/9/2015 (Source: Freddie Mac)
• 30-yr. fixed: 4.04% fees/points: 0.6%
• 15-yr. fixed: 3.20% fees/points: 0.5%
• 1-yr. adjustable: 2.50% Fees/points: 0.3%
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