California Real Estate Market Stats

By Randy "Lazarus" McAtee

Real Estate Broker/Owner with Lazarus Realty

October 22, 2008 03:51 PM

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Tags:: fresno; california; real estate; statistics; info; facts; lazarus; reo; foreclosures; home; sales

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Rainmaker
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Owner/Broker, Lazarus Realty, Fresno California

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_______________________________________________ Median Home Price for California Homes as of AUG 8: $350,140 Highest priced homes were in Santa Barbara @ $930,000 Lowest priced homes were in the high desert @ $169,200 (source for above figures = C.A.R.) Mortgage rates - week ending 10/16/08 30-yr. fixed: 6.46% Fees/points: 0.6% 15-yr. fixed: 6.14% Fees/points: 0.6% 1-yr. adjustable: 5.16% Fees/points: 0.6%(Source: Freddie Mac)