Sunday, August 30, 2009

Fast Facts

California Median Home Price – July 09 $285,480

California Highest Median Home Price by Region July 09: Santa Barbara South Coast - $885,000

California Lowest Median Home Price by Region July 09: High Desert $110,650

California First-Time Buyer Affordability Index – Second Quarter 2009: 67%

Mortgage Rates - Week Ending 8/20/09:

30 Year Fixed - 5.12% Fees/Points: 0.7%

15 Year Fixed - 4.45% Fees/Points: 0.7%

1 Year Adjustable - 4.69% Fees/Points 0.5%


Source: California Association of Realtors & Freddie Mac

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