California Real Estate Market Stats

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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)