Fast Facts
Calif. median home price - February 08: $409,240(Source: C.A.R.)
Calif. highest median home price by C.A.R. region February 08: Santa Barbara So. Coast $1,295,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region February 08: High Desert $220,380(Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Third Quarter 07: 33 percent (Source: C.A.R.)
Mortgage rates - week ending 04/17/08 30-yr. fixed: 5.88% Fees/points: 0.4% 15-yr. fixed: 5.40% Fees/points: 0.5% 1-yr. adjustable: 5.10 % Fees/points: 0.6% (Source: Freddie Mac)
C.A.R. Newsline is published by the CALIFORNIA ASSOCIATION OF REALTORS®, a trade association representing nearly 200,000 REALTORS® statewide.
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