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.
Redfin recently released its latest survey of home sellers, capturing sentiment of homeowners with the intent to sell. After falling sharply in the fourth quarter, the number of respondents who believe now is a good time to sell rose four percentage points in the first quarter. While overall confidence in
National data show interest rates on mortgages increased in December, according to the FHFA’s National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index. Contract mortgage interest rates increased 0.03 percent from November to December, according to an index of new mortgage contracts. According