Friday, June 1, 2007

Fast Facts in California Housing, March 2007

Fast Facts in California Housing: March 2007
Calif. median home price - March 07: $580,090 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region March 07:Santa Barbara So. Coast $1,200,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region March 07:High Desert $320,830 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - First Quarter 07:25 percent (Source: C.A.R.)
Mortgage rates - week ending 5/17:30-yr. fixed: 6.21%; Fees/points: 0.4%15-yr. fixed: 5.92%; Fees/points: 0.4%1-yr. adjustable: 5.48%; Fees/points: 0.7%(Source: Freddie Mac)

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