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Calif. median home price – June 08: $368,250 (Source: C.A.R.)Calif. highest median home price by C.A.R. region June 08: Santa Barbara So. Coast $1,035.000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region June 08: High Desert $180,570 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index – Second Quarter 08: 48 percent (Source: C.A.R.)

Mortgage rates – week ending 08/14/08 30-yr. fixed: 6.52 Fees/points: 0.7% 15-yr. fixed: 6.07 Fees/points: 0.7% 1-yr. adjustable: 5.18 % Fees/points: 0.5% (Source: Freddie Mac)