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Wednesday, October 21, 2009

Fast Facts from the Calif Assoc of REALTORS

Calif. highest median home price by C.A.R. region August 09: Santa Barbara So. Coast $828,750 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region August 09: High Desert $111,770 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Second Quarter 2009: 67 percent (Source: C.A.R.)

Mortgage rates - week ending 10/15/09 30-yr. fixed: 4.92% Fees/points: 0.7% 15-yr. fixed: 4.37% Fees/points: 0.7% 1-yr. adjustable: 4.60% Fees/points: 0.5% (Source: Freddie Mac)