Fast Facts
Calif. median home price: July 2010: $314,850 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region July 2010: Santa Barbara So. Coast $871,250 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region July 2010: High Desert $128,950 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index – Second quarter 2010: 64 percent (Source: C.A.R.)
Mortgage rates: Week ending 8/26/2010 30-yr. fixed: 4.36 Fees/points: 0.7% 15-yr. fixed: 3.86% Fees/points: 0.6% 1-yr. adjustable: 3.52% Fees/points: 0.7% (Source: Freddie Mac)