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The past summer was a momentous occasion for Sandy Russo, our company Controller, as she celebrated her 25th anniversary with us.
Both Rick Heilberg, our Property Management Department Supervisor, and Erston Pearcy, the department's Leasing Agent, celebrated their third anniversaries with Cournale & Co recently. Their hard work over the years has been appreciated. We have been fortunate to have good people like these working on your behalf. Congratulations to all three!
Stephanie Tse, our Loan Department Manager, acquired her California Real Estate License...Congrats, Steph! |
The California Association of Realtors, CAR) reported that the median price of a single family home in California was $318,660 in August, 2010. The highest price was in the Santa Barbara Coast region at $777,000 and lowest, $127,860 in High Desert region.
As for historical perspective, the median price three years ago, in July, 2007, was $587,560. The affordability index for first time buyers at that time was 48%; it has now increased to 64%.
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