Here are some fast facts regarding the Real Estate Market!



Calif. median home price - November 06: $555,290 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region November 06:
Santa Barbara So. Coast $1,083,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region November 06:
High Desert $332,340 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Third Quarter 06:
24 percent (Source: C.A.R.)

Mortgage rates - week ending 1/11:
30-yr. fixed: 6.21%; Fees/points: 0.4%
15-yr. fixed: 5.96%; Fees/points: 0.4%
1-yr. adjustable: 5.44%; Fees/points: 0.5%
(Source: Freddie Mac)

Dave Higgins & Carla Higgins
Dave and Carla