Thursday, January 4, 2007

Fast Facts for the week....

PIC: PIAZZA VENEZIA IN ROME, ITALY, taken October, 2006.

Calif. median home price -

November 06: $555,290

(Source: C.A.R.)

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

region November 06:

Santa Barbara So. Coast $1,083,000

(Source: C.A.R.)

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

region November 06:

High Desert $332,340

(Source: C.A.R.)

Calif. First-time Buyer Affordability Index -

Third Quarter 06:24 percent

(Source: C.A.R.)

Mortgage rates - week ending 12/28:


30-yr. fixed: 6.18%; Fees/points: 0.4%

15-yr. fixed: 5.93%; Fees/points: 0.4%

1-yr. adjustable: 5.47%; Fees/points: 0.6%


(Source: Freddie Mac)


**Taken from the California Association of Realtors Bulletin, dated January 3rd, 2007.