Fast Facts
Calif. median home price - April 08: $403,870(Source: C.A.R.)
Calif. highest median home price by C.A.R. region April 08:
Santa Barbara So. Coast $1,170.000(Source: C.A.R.)
Calif. lowest median home price by C.A.R. region April 08:
High Desert $210,860(Source: C.A.R.)
Calif. First-time Buyer Affordability Index - First Quarter 08: 44 percent (Source: C.A.R.)
Mortgage rates - week ending 06/12/08
30-yr. fixed: 6.32% Fees/points: 0.7%
15-yr. fixed: 5.93% Fees/points: 0.6%
1-yr. adjustable: 5.09 % Fees/points: 0.6%
(Source: Freddie Mac)
**Taken from the California Association of Realtors Bulletin, dated June 18th, 2008.
Thursday, June 19, 2008
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