01/08/2015
Fast Facts
Calif. median home price: November 2014:
•California: $445,280
•Calif. highest median home price by region/county November 2014: Marin, $1.11 million
•Calif. lowest median home price by region/county November 2014: Glenn, $92,000
Calif. Pending Home Sales Index:
November 2014: Decreased 13.4 percent from 104.8 in October to 90.7 in November.
Calif. Traditional Housing Affordability Index: Second Quarter 2014: 30 percent (Source: C.A.R.)
Mortgage rates: Week ending 12/31/2014 (Source: Freddie Mac)
• 30-yr. fixed: 3.87% fees/points: 0.6%
• 15-yr. fixed: 3.15% fees/points: 0.6%
• 1-yr. adjustable: 2.40% Fees/points: 0.4%