Fast Facts in California Housing

• Calif. median home price - November 07: $488,640(Source: C.A.R.)
• Calif. highest median home price by C.A.R. region November 07: Santa Barbara So. Coast $1,075,000 (Source: C.A.R.)
• Calif. lowest median home price by C.A.R. region November 07: High Desert $262,650 (Source: C.A.R.)
• Calif. First-time Buyer Affordability Index - Third Quarter 07: 24 percent (Source: C.A.R.)
• Mortgage rates - week ending 12/27: 30-yr. fixed: 6.17%; Fees/points: 0.5% 15-yr. fixed: 5.79%; Fees/points: 0.5% 1-yr. adjustable: 5.53%; Fees/points: 0.7% (Source: Freddie Mac)