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Fast Facts from the Calif Association of Realtors (CAR)

Calif. median home price – December 08: $281,100(Source: C.A.R.)
Calif. highest median home price by C.A.R. region December 08: Santa Barbara So. Coast $875,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region December 08: High Desert $137,560(Source: C.A.R.)
Calif. First-time Buyer Affordability Index – Fourth Quarter 08: 59 percent (Source: C.A.R.)
Mortgage rates – week ending 2/19/09 30-yr. fixed: 5.04% Fees/points: 0.7% 15-yr. fixed: 4.68% Fees/points: 0.6% 1-yr. adjustable: 4.8% Fees/points: 0.5% (Source: Freddie Mac)

Written by Keith Byrd - Go to Keith's Website/Profile