Nearly 75% of Homes are Affordable

From CNNMoney.com

It's prime time for house hunters. Nearly anyone with a decent job and a good credit score can afford to buy in their home towns.

More than 72% of American families making the nation's median income of $63,800 a year, could afford to buy a home during the first three months of 2010, according to a report from the National Association of Home Builders (NAHB) and Wells Fargo (WF).

Click here:

http://money.cnn.com/2010/05/20/real_estate/most_affordable_cities/index.htm

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Fast Facts

From the California Assc. of Realtors

Calif. median home price: April 2010: $306,230 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region April 2010: Santa Barbara So. Coast $879,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region April 2010: High Desert $127,300 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - First quarter 2010: 66 percent (Source: C.A.R.)

Mortgage rates: 4.84 Fees/points: 0.7% 15-yr. fixed: 4.24% Fees/points: 0.7% 1-yr. adjustable: 4.00% Fees/points: 0.6% (Source: Freddie Mac)

Jacarandas: Beautiful but Messy

From The Press Telegram:

Click:
http://www.presstelegram.com/ci_15160965?source=rss

Who Do You Know Thinking About Buyer A Home?

A Perfect Starter Home

3109 Palo Verde
3 Bedrooms / 1 Bath / 946 SQFT
$424,000

Please call Bob & Sue for a private showing.

Brand New Listing

6259 Metz St.
W/Palo Verde & N/Spring

6 Bedrooms / 4 Baths / Granny-quarters w/bath
Gorgeous Pool w/Spa & Fountain
4,009 SQFT
Huge Lot = 9,880
$779,000

Call us for private viewing.

New Listing

Who do you know thinking about buying a home?



2754 Ladoga Ave.
3 Bedrooms / 2 Baths / 1,605 SQFT
$479,000

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