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Zeller's Blog

By Doug & Bud Zeller | Agent in Placerville, CA

California Real Estate Fast Facts Update!

Calif. median home price: July 2012: $333,860 (Source: C.A.R.)
Calif. highest median home price by region/county July 2012: Marin, $845,860 (Source: C.A.R.)
Calif. lowest median home price by region/county July 2012: Tehama, $95,000 (Source: C.A.R.)
 
Calif. Pending Home Sales Index: July 2012: 116.1, down 4.2 percent from June's 121.2
 
Calif. Traditional Housing Affordability Index: Second quarter 2012: 51 percent (Source: C.A.R.)
 
Mortgage rates: Week ending 8/30/2012 30-yr. fixed: 3.59% fees/points: 0.6% 15-yr. fixed: 2.86 fees/points: 0.6% 1-yr. adjustable: 2.63% Fees/points: 0.4% (Source: Freddie Mac)

More recent news at: www.sierraproperties.com

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