Wednesday, December 20, 2006

Fast Facts

Calif. median home price -
October 06: $548,680
(Source: C.A.R.)

Calif. highest median home price

by C.A.R. region October 06:
Santa Barbara So. Coast $1,115,000
(Source: C.A.R.)

Calif. lowest median home price

by C.A.R. region October 06:
High Desert $328,650
(Source: C.A.R.)

Calif. First-time Buyer

Affordability Index - Third Quarter 06:
24 percent (Source: C.A.R.)

Mortgage rates - week ending 12/7:


30-yr. fixed: 6.11%; Fees/points: 0.5%
15-yr. fixed: 5.84%; Fees/points: 0.5%
1-yr. adjustable: 5.43%; Fees/points: 0.7%
(Source: Freddie Mac)


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