For the latest updates on these facts, please see my weekly news blog at http://changhomesnews.blogspot.com/.
Calif. median home price - December 07: $475,460 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region December 07: Santa Barbara So. Coast $925,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region December 07: High Desert $244,330 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Third Quarter 07: 24 percent (Source: C.A.R.)
Mortgage rates - week ending 01/24: 30-yr. fixed: 5.48%; Fees/points: 0.4% 15-yr. fixed: 4.95%; Fees/points: 0.4% 1-yr. adjustable: 4.99%; Fees/points: 0.6% (Source: Freddie Mac)
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