Thursday, November 16, 2006

FAST FACTS



Calif. median home price - September 06:
$553,050 (Source: C.A.R.)

Calif. highest median home price by C.A.R.

region September 06:

Santa Barbara So. Coast $1,025,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R.

region September 06:

High Desert $329,040 (Source: C.A.R.)

Calif. First-time Buyer

Affordability Index - Second Quarter 06:

23 percent (Source: C.A.R.)

Mortgage rates - week ending 11/9:


30-yr. fixed: 6.33%; Fees/points: 0.6%
15-yr. fixed: 6.04%; Fees/points: 0.6%
1-yr. adjustable: 5.55%; Fees/points: 0.8%

(Source: Freddie Mac)

**Taken from the California Association of Realtors Bulletin, dated November 16th, 2006.