Thursday, December 16, 2010

Latest Housing Stats:


Calif. median home price: Calif. First-time Buyer Affordability Index : Mortgage rates

Calif. median home price: October 2010: $304,220 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region October 2010: Santa Barbara So. Coast $864,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region October 2010: High Desert $125,060 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Third quarter 2010: 64 percent (Source: C.A.R.)

Mortgage rates:
Week ending 12/9/2010 30-yr. fixed: 4.61 Fees/points: 0.7% 15-yr. fixed: 3.96% Fees/points: 0.7% 1-yr. adjustable: 3.27% Fees/points: 0.6% (Source: Freddie Mac)

Information brought to you by the CALIFORNIA ASSOCIATION OF REALTORS®

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