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Southern California Begin 2013 With Home Sales and Price Gains Vs. Year Earlier
Posted to: Around The Web
Wednesday, February 13, 2013 7:55 AM

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Southland Begins 2013 With Sales and Price Gains Vs. Year Earlier February 13, 2013 La Jolla, CA---Southern California's housing market started 2013 with the highest January home sales in six years as sales to investors and cash buyers hovered near record levels and move-up activity remained relatively brisk. The median price paid for a Southland home dipped slightly from December, as it normally does, but jumped 23.5 percent above the year-ago level, a real estate information service reported. A total of 16,058 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties last month. That was down 20.8 percent from 20,274 sales in December, and up 10.6 percent from 14,523 sales in January 2012, according to San Diego-based DataQuick


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Mortgage Rates:
  • 30 Yr FRM 3.68%
  • |
  • 15 Yr FRM 2.84%
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  • Jumbo 30 Year Fixed 3.78%
MBS Prices:
  • 30YR FNMA 4.5 107-01 (-0-02)
  • |
  • 30YR FNMA 5.0 107-28 (-0-01)
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  • 30YR FNMA 5.5 108-13 (-0-02)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
  • |
  • Mortgage Apps 1.81%
  • |
  • Refinance Index 2.80%