Saturday, July 25, 2009

News From the California Association of Realtors

Fast Facts:

Calif. median home price - May 09: $267,570 (Source: C.A.R.)


Calif. highest median home price by C.A.R. region May 09: Santa Barbara So. Coast

$875,000 (Source: C.A.R.)


Calif. lowest median home price by C.A.R. region May 09: High Desert

$106,210 (Source: C.A.R.)


Calif. First-time Buyer Affordability Index - First Quarter 2009: 69 percent (Source: C.A.R.)


Mortgage rates - week ending 7/16/09 30-yr. fixed: 5.14% Fees/points: 0.7% 15-yr. fixed: 4.63% Fees/points: 0.7% 1-yr. adjustable: 4.76% Fees/points: 0.5% (Source: Freddie Mac)



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