Tuesday, July 17, 2007

Loan Activity For June

Loan Activity in the County has been pretty consistent this year. The residential refinance market in Santa Maria and Lompoc has been slowing declining since December of 2006. The South County trend is a little more up and down although the last 3 months has remained pretty consistent, declining slightly. Lompoc and Santa Maria's average loan amounts remain close with the average refinance amount for
June being in the $190,000's. The average loan amount on a purchase in those areas is in the mid $200,000's. The South County average loan amount on a purchase is $624,210 for June. Please click on any of the charts to view a larger version.

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