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This entry was posted on 12/18/2008 10:20 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 12/11/08
30-yr. fixed: 5.47% Fees/points: 0.7%
15-yr. fixed: 5.20% Fees/points: 0.7%
1-yr. adjustable: 5.09% Fees/points: 0.4%
(Source: Freddie Mac)



From Wednesday, December 17, 2008 C.A.R. Newsline

Reprinted with permission of the CALIFORNIA ASSOCIATION OF REALTORS®

 

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