Fast Facts

Calif. median home price - August 07: $588.970(Source: C.A.R.)

Calif. highest median home price by C.A.R. region August 07: Santa Barbara So. Coast $1,262,500(Source: C.A.R.)

Calif. lowest median home price by C.A.R. region August 07: High Desert $287.39(Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Second Quarter 07: 24 percent (Source: C.A.R.)

Mortgage rates - week ending 10/04: 30-yr. fixed: 6.37%; Fees/points: 0.5% 15-yr. fixed: 6.03%; Fees/points: 0.5% 1-yr. adjustable: 5.58%; Fees/points: 0.7% (Source: Freddie Mac)