Fast Facts

According to C.A.R;-

Calif. median home price:December 2013:

• California: $438,040
• Calif. highest median home price by region/county December 2013: San Mateo, $1 million
• Calif. lowest median home price by region/county December 2013: Tehama, $137,500

Calif. Pending Home Sales Index:
December 2013: Decreased 25.2 percent from 92 in November to 68.8 in December.

Calif. Traditional Housing Affordability Index: Fourth Quarter 2013: 32 percent (Source: C.A.R.)

Mortgage rates: Week ending 1/30/2014 (Source: Freddie Mac)

• 30-yr. fixed: 4.23% fees/points: 0.7%
• 15-yr. fixed: 3.33% fees/points: 0.7%
• 1-yr. adjustable: 2.51% Fees/points: 0.5%