Los Angeles County homebuyers guide for the City of Alhambra, May 2024

#realestate #losangeles #buyers As a California licensed Realtor,, I have membership access to reports directly for me to share with clients from the C.A.R WEBSITE
This Home Buyer's Guide is meant to provide our REALTOR® members, or their clients, with a current market snapshot of their local area of business in the state of California as seen from the perspective of a buyer. Reports are updated by every third week of the month with the previous month's data.
Glossary of terms
Homes for Sale: Number of active listings or homes available for sale during the month.
Median Price: The median price of Single-Family Residence (SFR) homes and Condos with a status of "Active" during the month by product type (1br, 2br, 3br, 4+br).
Median Days on Market: The median of the number of days properties were on the market before going Pending.
Monthly Payment: The estimated monthly mortgage payment assuming a 30-year fixed-rate mortgage (FRM) at the current interest rate. Payment also includes an assumption of 1.38% for property taxes and insurance.
Down Payment: The amount in USD $ necessary to cover the required 3% or 20% down payment in order to purchase the median priced home by product type (1br, 2br, 3br, 4+br).
Interest Rates: The Annual Percentage Rate (APR) charged for borrowing a 30-year fixed-rate mortgage according to Freddie Mac.
Victoria Munoz
Compass Realtor California Dept Real Estate license 01935537
Contact
Email [e-mail] or Call [phone]
I am not a lender, and these numbers vary for every client. For financial advice on your mortgage, I have lender referrals.

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