Note the affordability index and the mortgage rates. These cannot hold for much longer. Get yours NOW!
Calif. median home price – November 09: $304,520 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region November 09: Santa Barbara So. Coast $750,000(Source: C.A.R.)
Calif. lowest median home price by C.A.R. region November 09: High Desert $124,710 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index – Third Quarter 2009: 64 percent (Source: C.A.R.)
Mortgage rates – week ending 12/17/09 30-yr. fixed: 4.94% Fees/points: 0.7% 15-yr. fixed: 4.38% Fees/points: 0.6% 1-yr. adjustable: 4.34% Fees/points: 0.5% (Source: Freddie Mac)
