12 May 2011

Fast Facts for May 12

Calif. median home price: March 2011: $286,010 (Source: C.A.R.)

Calif. highest median home price by region/county March 2011: Marin $826,700 (Source: C.A.R.)

Calif. lowest median home price by region/county March 2011: Lake County $94,170 (Source: C.A.R.)

Calif. Pending Home Sales Index: March 2011: 128.7 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index: Fourth quarter 2010: 69 percent (Source: C.A.R.)

Mortgage rates: Week ending 5/5/2011
30-yr. fixed: 4.71 fees/points: 0.7%
15-yr. fixed: 3.89 fees/points: 0.7%
1-yr. adjustable: 3.14% Fees/points: 0.5% (Source: Freddie Mac)

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