Fast Facts from C.A.R.

Calif. median home price - September 07: $530,830(Source: C.A.R.)

Calif. highest median home price by C.A.R. region September 07: Santa Barbara So. Coast $1,667,500(Source: C.A.R.)

Calif. lowest median home price by C.A.R. region September 07: High Desert $271,940(Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Second Quarter 07: 24 percent (Source: C.A.R.)

Mortgage rates - week ending 11/15: 30-yr. fixed: 6.24%; Fees/points: 0.4% 15-yr. fixed: 5.88%; Fees/points: 0.4% 1-yr. adjustable: 5.50%; Fees/points: 0.5% (Source: Freddie Mac)


C.A.R. Newsline is published by the CALIFORNIA ASSOCIATION OF REALTORS®, a trade association representing nearly 200,000 REALTORS® statewide.