Posts from December 12th, 2017

www.avocadomonthly.com

      California housing affordability drops to lowest level in 10 years, C.A.R. reports

·       Twenty-eight percent of California households could afford to purchase the $555,680 median-priced home in the third quarter of 2017, down from 29 percent in second-quarter 2017 and down from 31 percent in third-quarter 2016.

·       A minimum annual income of $112,100 was needed to make monthly payments of $2,800, including principal, interest, and taxes on a 30-year fixed-rate mortgage at a 4.16 percent interest rate.

·       Thirty-eight percent of home buyers were able to purchase the $440,000 median-priced condo or townhome. An annual income of $88,770 was required to make a monthly payment of $2,220.

LOS ANGELES (Nov. 2) – California's housing affordability hit a 10-year low as tight housing inventory drove home prices higher and red...

Click Here to Read More...

Are you renting and wondering if now is a good time to buy? Here is a great article for you to read. However the best thing to do is to call one of our agents at Sunshine Properties Real Estate We are ready to help you with you next purchase. 760-728-8855 

Are you wondering what you can gift your loved ones? Send them California Organic Avocados. visti www.avocadomonthly.com to place your order. If you have any questions