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California Real Estate Market Statistics

September 12th, 2008 · No Comments

Calif. median home price – July 08: $350.760(Source: C.A.R.)
Calif. highest median home price by C.A.R. region July 08: Santa Barbara So. Coast $940,000(Source: C.A.R.)
Calif. lowest median home price by C.A.R. region July 08: High Desert $177,330(Source: C.A.R.)
Calif. First-time Buyer Affordability Index – Second Quarter 08: 48 percent (Source: C.A.R.)
Mortgage rates – week ending 09/04/08 30-yr. fixed: 6.35% Fees/points: 0.7% 15-yr. fixed: 5.90% Fees/points: 0.6% 1-yr. adjustable: 5.15% Fees/points: 0.6%(Source: Freddie Mac)


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