Monday, September 18, 2006

Fast Facts

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 9/13:


30-yr. fixed: 6.47%; Fees/points: 0.4%
15-yr. fixed: 6.16%; Fees/points: 0.4%
1-yr. adjustable: 5.63%; Fees/points: 0.7%
(Source: Freddie Mac)

**Taken from the California Association of Realtors Bulletin, dated September 13, 2006.