Fast Facts

Calif. median home price: August 2010: $318,660 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region August 2010: Santa Barbara So. Coast $777,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region August 2010: High Desert $127,860 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Second quarter 2010: 64 percent (Source: C.A.R.)

Mortgage rates: Week ending 10/07/2010 30-yr. fixed: 4.27 Fees/points: 0.8% 15-yr. fixed: 3.72% Fees/points: 0.7% 1-yr. adjustable: 3.40% Fees/points: 0.7% (Source: Freddie Mac)