* New homes cost about $28,000 in 1969 !
* Housing demand will remain strong as the population nearly doubles to 60 million by 2050.
* Wells Fargo predicts that mortgage interest rates will climb a full 1% in 2012.
* That means a $500,000 house would have to fall in price to $440,000 to have the same loan payments.
Source: CA Assn Realtors & Wells Fargo