Fast Facts

Calif. median home price - January 08: $430,370(Source: C.A.R.)

Calif. highest median home price by C.A.R. region January 08: Santa Barbara So. Coast $1,135,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region January 08: High Desert $234,310 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Third Quarter 07: 33 percent (Source: C.A.R.)

Mortgage rates - week ending 02/28:
30-yr. fixed: 6.24%; Fees/points: 0.5%
15-yr. fixed: 5.72%; Fees/points: 0.5%
1-yr. adjustable: 5.11%; Fees/points: 0.7%
(Source: Freddie Mac)
**Taken from the California Association of Realtors Bulletin, dated March 5, 2008.