Thursday, October 28, 2010
Monday, October 25, 2010
NAR: Orange County Median Home Price
NAR just published the typical mortgage payment for the median priced home in 2005 versus 2010.
One example: buying a median priced home in the Orange County Metro Area in 2010 would have a monthly mortgage payment that is $1,248.00 less than a person buying a median priced home in 2005. The 38% lower payment is due to lower mortgage rates and lower prices.
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