San Francisco Real Estate - Residential

Fast Facts from CAR and Freddie Mac - February 2007

The numbers for February are finally out from CAR and Freddie Mac.

Calif. median home price - February 07: $564,700 (Source: C.A.R.) (note: compared to $559,640 last month)

Calif. highest median home price by C.A.R. region February 07:Santa Barbara So. Coast $1,000,000 (Source: C.A.R.) (note: compared to $1,150,000 last month)

Calif. lowest median home price by C.A.R. region February 07:High Desert $319,860 (Source: C.A.R.) (note: compared to $317,380 last month)

Calif. First-time Buyer Affordability Index - Fourth Quarter 06:25 percent (Source: C.A.R.) (note: compared to 06:24 percent last month)

Mortgage rates - week ending 3/29:

• 30-yr. fixed: 6.16%; Fees/points: 0.4% (note: compared to 6.22% and 0.5% points last report)
• 15-yr. fixed: 5.86%; Fees/points: 0.4% (note: compared to 5.97% and 0.5% points last report)
• 1-yr. adjustable: 5.43%; Fees/points: 0.6% (note: compared to 5.49% and 0.7% points last report)

- California Association of Realtors & Freddie Mac

posted by SFResidence.com @ 6:37 AM