Fast Facts
Calif. median home price - January 08: $430,370(Source: C.A.R.)
Calif. highest median home price by C.A.R. region January 08: Santa Barbara So. Coast $1,135,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region January 08: High Desert $234,310 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Third Quarter 07: 33 percent (Source: C.A.R.)
Mortgage rates - week ending 02/28: 30-yr. fixed: 6.24%; Fees/points: 0.5% 15-yr. fixed: 5.72%; Fees/points: 0.5% 1-yr. adjustable: 5.11%; Fees/points: 0.7% (Source: Freddie Mac)
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