Median price is not an average price but merely states that more lower priced houses are selling than higher priced houses. That is usually the case no matter what the market is doing as the "median price" is always lower than the "average price". Doesn't mean your house is actually losing value but it may not sell quickly if it is in the "high" bracket before more low priced houses sell. Rates are actually lower than you state for a lot of loans. Realtors do not set the prices, the market actually determines what the price will be or where it will sell no matter if it is a low priced property or a high priced property. Low prices sell quicker as more can afford them.
I read that this morning and thought it was a pretty good slant on the police report in the Eye. I get that newspaper too and always read the report for a few giggles like were quoted in the Chronicle article.
Re: “The Solstice Eclipse”
Hopefully we will be able to see this. Been checking the cloud cover every once in a while. Some people believe that everything that happens close to a solstice is a disaster. Are we going to have a big earthquake, flood or just see the moon covered? Probably just a dark time during the eclipse. I don't believe everything causes a disaster. Just hope we can see it from Hum County. Maybe everyone outside in the middle of the night can just wave at the moon or sky and know we were all out there whether we saw it or not but we were there anyway.