Thursday, March 22, 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 - Fourth Quarter 06:25 percent (Source: C.A.R.)

Mortgage rates - week ending 3/15:

30-yr. fixed: 6.14%; Fees/points: 0.4%
15-yr. fixed: 5.88%; Fees/points: 0.4%
1-yr. adjustable: 5.42%; Fees/points: 0.7%
(Source: Freddie Mac)

**Taken from the California Association of Realtors Bulletin, dated March 21, 2007.