Thursday, March 1, 2007

Fast Facts


Calif. median home price - January 07: $559,640 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region January 07:Santa Barbara So. Coast $1,150,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region January 07:High Desert $317,380 (Source: C.A.R.)

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

Mortgage rates - week ending 2/22:


30-yr. fixed: 6.22%; Fees/points: 0.5%
15-yr. fixed: 5.97%; Fees/points: 0.5%
1-yr. adjustable: 5.49%; Fees/points: 0.7%
(Source: Freddie Mac)

**Taken from the California Association of Realtors Bulletin, dated February 28th, 2007.