Fast Facts for August

Calif. median home price - June 07: $594,260(Source: C.A.R.)
Calif. highest median home price by C.A.R. region June 07: Santa Barbara So. Coast $1,375,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region June 07: High Desert $306,310 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Second Quarter 07: 24 percent (Source: C.A.R.)
Mortgage rates - week ending 8/23: 30-yr. fixed: 6.52%; Fees/points: 0.4% 15-yr. fixed: 6.18%; Fees/points: 0.5% 1-yr. adjustable: 5.60%; Fees/points: 0.6% (Source: Freddie Mac)