(pictured: My two new friends that I met at "the grand opening" last week)
Calif. median home price - July 06:
$567,360 (Source: C.A.R.)
Calif. highest median home price
by C.A.R. region July 06:
Santa Barbara So. Coast $1,075,000
(Source: C.A.R.)
Calif. lowest median home
price by C.A.R. region July 06:
High Desert $333,330 (Source: C.A.R.)
Calif. First-time Buyer Affordability
Index Second Quarter 06:23 percent
(Source: C.A.R.)
Mortgage rates - week ending 8/31:
30-yr. fixed: 6.44%; Fees/points: 0.4%
15-yr. fixed: 6.14%; Fees/points: 0.4%
1-yr. adjustable: 5.59%; Fees/points: 0.7%
(Source: Freddie Mac)
**Taken from the California Association of Realtors Bulletin, dated September 6th, 2006.