Fast Facts from CAR

Home affordability remains high as prices drop and interest rates hover in the 4's...


Calif. median home price: June 2010: $311,950 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region June 2010: Santa Barbara So. Coast $914,760 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region June 2010: High Desert $125,620 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - First quarter 2010: 66 percent (Source: C.A.R.)

Mortgage rates: Week ending 7/29/2010 30-yr. fixed: 4.54 Fees/points: 0.7% 15-yr. fixed: 4% Fees/points: 0.7% 1-yr. adjustable: 3.64% Fees/points: 0.7% (Source: Freddie Mac)