Fast Facts from CAR and Freddie Mac - March 2007
The numbers for March are finally out from CAR and Freddie Mac. It takes a long time to compile the numbers for real estate statewide. Keep in mind, this covers areas that are not doing as well as the San Francisco market and the numbers still improved overall (except for mortgage interest rates which remained almost the same).Calif. median home price - March 07: $580,090 (Source: C.A.R.) (note: compared to $564,700 last month)
Calif. highest median home price by C.A.R. region March 07:Santa Barbara So. Coast $1,200,000 (Source: C.A.R.) (note: compared to $1,000,000 last month)
Calif. lowest median home price by C.A.R. region March 07:High Desert $320,830 (Source: C.A.R.) (note: compared to $319,860 last month)
Calif. First-time Buyer Affordability Index - Fourth Quarter 06: 25 percent (Source: C.A.R.) (note: compared to 25 percent last month)
Mortgage rates - week ending 4/26:
- 30-yr. fixed: 6.16%; Fees/points: 0.5% (note: compared to 6.16% and 0.4% points last report)
- 15-yr. fixed: 5.87%; Fees/points: 0.5% (note: compared to 5.86% and 0.4% points last report)
- 1-yr. adjustable: 5.43%; Fees/points: 0.7% (note: compared to 5.43% and 0.6% points last report)
- California Association of Realtors & Freddie Mac
posted by SFResidence.com @ 8:45 AM
0 Comments:
Post a Comment
<< Home