Hatsumi Takahashi

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30-Year Fixed Rate Mortgage Rate Nears Two-Year Low

Posted On: June 12th, 2019 8:51PM

MCLEAN, Va., June 06, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage rate fell to 3.82 percent, the sixth consecutive weekly decline and its lowest level since September 2017.

 

 https://freddiemac.gcs-web.com/news-releases/news-release-details/30-year-fixed-rate-mortgage-rate-nears-two-year-low

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Reports: Year over year home price appriciation of 3.5%

Posted On: June 11th, 2019 7:43PM

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Median Sold Price of Existing Single-Family Homes

Posted On: June 11th, 2019 7:09PM

S.F. Bay Area

Apr-19 Mar-19   Apr-18   Price MTM% Chg Price YTY% Chg  Sales MTM% Chg  Sales YTY% Chg
Alameda $940,000 $911,000   $969,300   3.2% -3.0% 20.4% 2.4%
Contra Costa $679,000 $644,000   $689,660   5.4% -1.5% 11.8% -4.8%
Marin $1,350,000 $1,300,000   $1,385,000   3.8% -2.5% 44.9% 2.9%
Napa $705,000 $699,000   $682,500   0.9% 3.3% 44.6% 0.0%
San Francisco $1,632,500 $1,637,500   $1,650,000   -0.3% -1.1% 27.1% 16.1%
San Mateo $1,601,000 $1,610,000   $1,770,000   -0.6% -9.5% 22.5% 10.4%
Santa Clara $1,315,000 $1,300,000   $1,425,000   1.2% -7.7% 12.1% -8.4%
Solano $435,000 $438,500   $447,500   -0.8% -2.8% 4.8% -0.5%
Sonoma $645,000 $633,750   $685,000   1.8% -5.8% 29.0% -2.0%
Note: The  MLS median price and sales data in the table below are generated from a survey of more than 90 associations of REALTORS® throughout the state, and represent statistics of existing single-family detached homes only.   sales data are not adjusted to account for seasonal factors that can influence home sales.  Movements in sales prices should not be interpreted as changes in the cost of a standard home.  Median prices can be influenced by changes in cost, as well as changes in the characteristics and the size of homes sold.  Due to the low sales volume in some areas, median price changes may exhibit unusual fluctuation. 

CALIFORNIA ASSOCIATION OF REALTORS®

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