Fast Facts
This entry was posted on 12/31/2008 10:14 AM and is filed under Real Estate.
Calif. median home price - November 08: $285,680(Source: C.A.R.)
Calif. highest median home price by C.A.R. region November 08: Santa Barbara So. Coast $1,200,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region November 08: High Desert $148,580 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Third Quarter 08: 53 percent (Source: C.A.R.)
Mortgage rates - week ending 12/24/08 30-yr. fixed: 5.14% Fees/points: 0.8% 15-yr. fixed: 4.91% Fees/points: 0.7% 1-yr. adjustable: 4.95% Fees/points: 0.6% (Source: Freddie Mac)
From Wednesday, December 24, 2008 C.A.R. Newsline
Reprinted with permission of the CALIFORNIA ASSOCIATION OF REALTORS®