HAPPY LABOR DAY!! From all of us here at Pacific Appraisers!!
Pacific Appraisers will be closed on Monday, September 2nd, Labor Day. We will reopen Tuesday, September 3rd.
California June Home Sales
An estimated 41,027 new and resale houses and condos sold statewide last month. That was down 6.9 percent from a revised 44,087 in May, and down 3.5 percent from 42,513 sales in June 2012… full story
California Home Sale Price Medians
Click the link below to view median home prices in you or your client’s market area. You can also navigate to additional county & state charts from this page. http://dqnews.com/Charts/Monthly-Charts/CA-City-Charts/ZIPCAR.aspx
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. (July 10, 2013) – Mortgage applications decreased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 5, 2013. This week’s results included an adjustment for the July 4th holiday.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,500 or less) increased to 4.68 percent, the highest rate since July 2011. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $417,500) increased to 4.86 percent, the highest rate since July 2011.
Click here for link to full story: http://www.mortgagebankers.org/NewsandMedia/PressCenter/84990.htm