CAR’s Latest Figures
Fast Facts
Calif. median home price
June 07: $594,260
(Source: C.A.R.)
Calif. highest median home price by C.A.R. region
June 07: Santa Barbara So. Coast $1,375,000
(Source: C.A.R.)
Calif. lowest median home price by C.A.R. region
June 07: High Desert $306,310
(Source: C.A.R.)
Calif. First-time Buyer Affordability Index
First Quarter 07: 25 percent
(Source: C.A.R.)
Mortgage rates – week ending 7/12:
30-yr. fixed: 6.73%; Fees/points: 0.4%
15-yr. fixed: 6.39%; Fees/points: 0.4%
1-yr. adjustable: 5.71%; Fees/points: 0.5%
(Source: Freddie Mac)