California Real Estate Facts

21. November 2008 by Burbank Real Estate.

Image via Wikipedia Calif. median home price

September 08: $316,480(Source: C.A.R.)

Calif. highest median home price by C.A.R. region

September 08: Santa Barbara So. Coast $935,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region

September 08: High Desert $159,720 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index

Second Quarter 08: 48 percent (Source: C.A.R.)

Mortgage rates - week ending 11/13/08

30-yr. fixed: 6.14% Fees/points: 0.7%

15-yr. fixed: 5.81% Fees/points: 0.7%

1-yr. adjustable: 5.33% Fees/points: 0.5%(Source: Freddie Mac)

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