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This entry was posted on 12/11/2008 11:21 AM and is filed under Real Estate.

Calif. median home price - October 08: $311,060(Source: C.A.R.)  
Calif. highest median home price by C.A.R. region October 08: Santa Barbara So. Coast $860,000 (Source: C.A.R.)  
Calif. lowest median home price by C.A.R. region October 08: High Desert $154,660 (Source: C.A.R.)  
Calif. First-time Buyer Affordability Index - Third Quarter 08: 53 percent (Source: C.A.R.)  

Mortgage rates - week ending 12/4/08 3
0-yr. fixed: 5.53% Fees/points: 0.7%
15-yr. fixed: 5.33% Fees/points: 0.7%
1-yr. adjustable: 5.02% Fees/points: 0.5%
(Source: Freddie Mac)



From Wednesday, December 10, 2008 C.A.R. Newsline

Reprinted with permission of the CALIFORNIA ASSOCIATION OF REALTORS®

 

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