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.