Thursday, February 22, 2007

Fast Facts


Calif. median home price

December 06: $567,690
(Source: C.A.R.)

Calif. highest median home price

by C.A.R. region
December 06:
Santa Barbara So. Coast $1,250,000
(Source: C.A.R.)

Calif. lowest median home price

by C.A.R. region
December 06:
High Desert $324,560
(Source: C.A.R.)

Calif. First-time Buyer Affordability Index

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

Mortgage rates - week ending 2/15:

30-yr. fixed: 6.30%; Fees/points: 0.4%
15-yr. fixed: 6.03%; Fees/points: 0.4%
1-yr. adjustable: 5.52%; Fees/points: 0.6%
(Source: Freddie Mac)

**Taken from the California Association of Realtors (CAR) Bulletin, dated February 21st, 2007.