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.