Market News
Calif. median home price: August
2011: $297,060 (Source: C.A.R.)
Calif. highest median home price by region/county August 2011: Marin:
$806,550 (Source: C.A.R.)
Calif. lowest median home price by region/county August
2011: Siskiyou County: $116,670 (Source: C.A.R.)
Calif. Pending Home Sales Index: August
2011: 125.3, an increase of 12.6 percent compared with a prior
year.
Calif. Traditional Housing Affordability
Index: Second quarter 2011: 51 percent (Source:
C.A.R.)
Mortgage rates: Week ending
10/06/2011 30-yr. fixed: 3.94 fees/points: 0.8% 15-yr. fixed: 3.26
fees/points: 0.8% 1-yr. adjustable: 2.95% Fees/points: 0.5% (Source: Freddie
Mac)
