Thursday, April 5, 2007

Fast Facts

Calif. median home price - February 07: $564,700 (Source: C.A.R.)

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

Calif. lowest median home price by C.A.R. region February 07:High Desert $319,860 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Fourth Quarter 06:25 percent (Source: C.A.R.)

Mortgage rates - week ending 3/29:
30-yr. fixed: 6.16%; Fees/points: 0.4%
15-yr. fixed: 5.86%; Fees/points: 0.4%
1-yr. adjustable: 5.43%; Fees/points: 0.6%
(Source: Freddie Mac)

**Taken from the California Association of Realtors Bulletin, dated April 4th, 2007
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