California median home price: January 2013: $337,040
California highest median home price by region/county January 2013: Marin, $799,110
California lowest median home price by region/county January 2013: Madera, $98,330
California Pending Home Sales Index: December 2012: 82.3 , down 20.5 percent from November’s 103.5.
California Traditional Housing Affordability Index: Fourth quarter 2012: 48 percent
(Source: C.A.R.)
Mortgage rates: Week ending 2/28/2013 30-yr. fixed: 3.51% fees/points: 0.8% 15-yr. fixed: 2.76% fees/points: 0.8% 1-yr. adjustable: 2.64% Fees/points: 0.4%
(Source: Freddie Mac)
Information provided by the C.A.R. Newsline published by the CALIFORNIA ASSOCIATION OF REALTORS®