Some Fast Facts:

Calif. median home price - July 06: $567,360 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region July 06:
Santa Barbara So. Coast $1,075,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region July 06:
High Desert $333,330 (Source: C.A.R.)

Mortgage rates - week ending 8/24:
30-yr. fixed: 6.48%; Fees/points: 0.4%
15-yr. fixed: 6.18%; Fees/points: 0.4%
1-yr. adjustable: 5.60%; Fees/points: 0.7%
(Source: Freddie Mac)