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The Beverly Hills Real Estate blog Wednesday 7-30-09

Good morning and welcome.  It's now Thursday.  Plenty of sunshine... but cooler...  Only 77 downtown, low 70‘s at the beaches and lower 90's at inland locations.
Dodgers lose 4th in a row.  Angeles won. Buick Open with Tiger begins today; a does the womens and Senior  Opens.
News from CAR:
Calif. median home price - June 09: $274,740 (Source: C.A.R.)Calif. highest median home price by C.A.R. region June 09: Santa Barbara So. Coast
$850,000 (Source: C.A.R.)Calif. lowest median home price by C.A.R. region June 09: High Desert
$108,600 (Source: C.A.R.)Calif. First-time Buyer Affordability Index - First Quarter 2009: 69 percent (Source: C.A.R.)Mortgage rates - week ending 7/23/09 30-yr. fixed: 5.2% Fees/points: 0.7% 15-yr. fixed: 4.68% Fees/points: 0.7% 1-yr. adjustable: 4.77% Fees/points: 0.6% (Source: Freddie Mac)  
Have a cool day.  See you tomorrow! 
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