Friday, September 3, 2010

Fast Facts

Calif. median home price: July 2010: $314,850

Calif. highest median home price by C.A.R. region July 2010: Santa Barbara So. Coast $871,250

Calif. lowest median home price by C.A.R. region July 2010: High Desert $128,950

Calif. First-time Buyer Affordability Index - Second quarter 2010: 64 percent

Mortgage rates: Week ending 8/26/2010 30-yr. fixed: 4.36 Fees/points: 0.7% 15-yr. fixed: 3.86% Fees/points: 0.6% 1-yr. adjustable: 3.52% Fees/points: 0.7%

Source: California Association of Realtors and Freddie Mac

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