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Wednesday, October 31, 2007

Fast Facts from California Association of Realtors

From C.A.R. Newsline, October 31, 2007

Calif. median home price - September 07:
$530,830
(Source: C.A.R.)

Calif. highest median home price by C.A.R. region September 07:
Santa Barbara So. Coast $1,667,500
(Source: C.A.R.)

Calif. lowest median home price by C.A.R. region September 07:
High Desert $271,940
(Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Second Quarter 07: 24 %
(Source: C.A.R.)

Mortgage rates - week ending 10/25:
30-yr. fixed: 6.33%; Fees/points: 0.5%
15-yr. fixed: 5.99%; Fees/points: 0.6%
1-yr. adjustable: 5.66%; Fees/points: 0.6%
(Source: Freddie Mac)

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