Friday, March 5, 2010

Fast Facts

Calif. median home price: January 2010: $287,440 (Source: C.A.R.)Calif. highest median home price by C.A.R. region January 2010: Santa Barbara So. Coast $760,000(Source: C.A.R.)Calif. lowest median home price by C.A.R. region January 2010: High Desert $124,480 (Source: C.A.R.)Calif. First-time Buyer Affordability Index - Fourth Quarter 2009: 64 percent (Source: C.A.R.)Mortgage rates - week ending 2/25/10 30-yr. fixed: 5.05 Fees/points: 0.7% 15-yr. fixed: 4.40% Fees/points: 0.7% 1-yr. adjustable: 4.15% Fees/points: 0.6% (Source: Freddie Mac)

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