Calif. median home price: May 2011: $$291,760 (Source: C.A.R.)
Calif. highest median home price by region/county May 2011: San Mateo: $810,000 (Source: C.A.R.)
Calif. lowest median home price by region/county May 2011: Merced $113,000 (Source: C.A.R.)
Calif. Pending Home Sales Index: May 2011: 118.3, an increase of 1.6 percent compared with prior month. (Source: C.A.R.)
Calif. First-time Buyer Affordability Index: First quarter 2011: 53 percent (Source: C.A.R.)
Mortgage rates: Week ending 6/30/2011 30-yr. fixed: 4.51 fees/points: 0.7% 15-yr. fixed: 3.69 fees/points: 0.7% 1-yr. adjustable: 2.97% Fees/points: 0.6% (Source: Freddie Mac)
Reprinted from C.A.R. Newsline
Thank you for reading this post. If I can ever be of help in finding you the perfect property here in the Napa Valley, please email me at Curtis@NapaValleyAddress.com.
Your Broker Extraordinaire, selling Napa Valley Real Estate from its heart, Yountville.