Fast Facts-California median home price, mortgage rates,first time buyer affordability

Calif. median home price: November 2010: $296,820 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region November 2010: Santa Barbara So. Coast $874,500 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region November 2010: High Desert $124,580 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Third quarter 2010: 64 percent (Source: C.A.R.)
Mortgage rates: Week ending 1/6/2011 30-yr. fixed: 4.77 Fees/points: 0.8% 15-yr. fixed: 4.13% Fees/points: 0.8% 1-yr. adjustable: 3.24% Fees/points: 0.6% (Source: Freddie Mac)

Information provided by CALIFORNIA ASSOCIATION OF REALTORS.

Ramona Real Estate: Fast Facts

Calif. median home price - June 09: $274,740 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region June 09: Santa Barbara So. Coast
$850,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region June 09: High Desert
$108,600 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - First Quarter 2009: 69 percent (Source: C.A.R.)
Mortgage rates - week ending 7/30/09 30-yr. fixed: 5.25% Fees/points: 0.7% 15-yr. fixed: 4.69% Fees/points: 0.7% 1-yr. adjustable: 4.80% Fees/points: 0.5% (Source: Freddie Mac)
Information provided by
C.A.R. Newsline,published by the CALIFORNIA ASSOCIATION OF REALTORS®.

Median price of homes goes up in Ramona CA and San Diego County

If you are thinking of buying a home you may want to jump in, looks like the market may be turning. The Medium overall in San Diego has increased to $295,000. Read on.