Real estate by the numbers
A few of the notable housing-related numbers I've seen in the past few days:
4.61 percent: the average interest rate (not including points) for 30-year fixed mortgages, the Mortgage Bankers Association said today. That's the lowest since the trade group started its survey in 1990.
31 percent: the decrease in vacation homes sold last year, according to the National Association of Realtors. Sales of investment homes dropped 17 percent and primary-home sales fell 13 percent. The survey includes new as well as previously occupied properties.
40 percent: the portion of all home sales that were for vacation or investment purposes in 2005, the "peak year for home speculation," as the NAR puts it.
30 percent: the portion of all home sales that were for vacation or investment purposes in 2008
$808,500: the winning bid (including buyer's premium) for a 4,400-square-foot Federal Hill home, auctioned off Tuesday to benefit an animal charity.
Seen other interesting numbers?