Property Management Blog

Fast Facts, Summer 2012


System - Thursday, October 4, 2012
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Calif. median home price: August 2012: $343,820 (Source: C.A.R.) Calif. highest median home price by region/county August 2012: Marin, $806,450 (Source: C.A.R.) Calif. lowest median home price by region/county August 2012: Tehama, $89,170 (Source: C.A.R.)

Calif. Pending Home Sales Index: August 2012: 118.9, up 2.7 percent from July's 115.8Calif. Traditional Housing Affordability Index: Second quarter 2012: 51 percent (Source: C.A.R.)Mortgage rates: Week ending 9/20/2012 30-yr. fixed: 3.49% fees/points: 0.6% 15-yr. fixed: 2.77 fees/points: 0.6% 1-yr. adjustable: 2.61% Fees/points: 0.4% (Source: Freddie Mac)

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