Thursday, June 1, 2006

fast facts

Calif. median home price - April 06:
$562,380 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region April 06:
Santa Barbara So. Coast $1,250,000
(Source: C.A.R.)

Calif. lowest median home price by C.A.R. region April 06:
High Desert $334,860
(Source: C.A.R.)

Mortgage rates - week ending 5/25:
30-yr. fixed: 6.62%; Fees/points: 0.4%
15-yr. fixed: 6.23%; Fees/points: 0.4%
1-yr. adjustable: 5.61%; Fees/points: 0.7%
(Source: Freddie Mac)

**taken from the california association of realtors bulletin, dated june 1, 2006.