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Following are some “Fast Facts” from the California Association of Realtors (CAR):

Calif. median home price – June 06: $575,800 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region June 06:Santa Barbara So. Coast $1,300,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region June 06:High Desert $334,790 (Source: C.A.R.)

Mortgage rates – week ending 8/10:
30-yr. fixed: 6.55%; Fees/points: 0.4%
15-yr. fixed: 6.20%; Fees/points: 0.4%
1-yr. adjustable: 5.69%; Fees/points: 0.8%(Source: Freddie Mac)

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