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:Fourth Quarter 06: 25 percent (Source: C.A.R.)

Mortgage rates - week ending 3/1:
30-yr. fixed: 6.18%; Fees/points: 0.4%
15-yr. fixed: 5.92%; Fees/points: 0.5%
1-yr. adjustable: 5.49%; Fees/points: 0.6%
(Source: Freddie Mac)

**taken from the California Association of Realtors Bulletin, dated March 7th, 2007.