Real Estate Blog

Wednesday, July 16, 2008
Affordability Rises in Humboldt
The affordability index for May of 2008 is out and across the county real estate affordability rose to 14% with Arcata in at 16%, Fortuna up to 26%, Eureka to 19%, and Mckinleyville at 8%. There continues to be a goog buyers market with many homes to choose from and excellent mortgage rates. Historically mortgage rates rise just after national elections, therefor the best buying window is defined to possibly through November or earlier. The message is buy now or secure your refinance now and reap the benefits of the great interest rates.
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Posted by Brian Creel at 6:30 AM
Category:Market Conditions
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