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August 31, 2006

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California real estate market details

by Bob Schwartz
Calif. median home price – July 06: $567,360 (Source: C.A.R.)  
Calif. highest median home price by C.A.R. region July 06:
Santa Barbara So. Coast $1,075,000 (Source: C.A.R.)		  
Calif. lowest median home price by C.A.R. region July 06:
High Desert $333,330 (Source: C.A.R.)		  
Mortgage rates – week ending 8/24:
30-yr. fixed: 6.48%; Fees/points: 0.4%
15-yr. fixed: 6.18%; Fees/points: 0.4%
1-yr. adjustable: 5.60%; Fees/points: 0.7%
(Source: Freddie Mac)

Palermo downtown San Diego condominiums

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3 Comments
  1. medical research
    Aug 31 2006

    It’s best not to buy at a peak unless you plan to live in the house for awhile. Maybe not as long as 10 years but certainly at least 5.

  2. San Diego attorney
    Aug 31 2006

    Good real estate info.

  3. acne treatments
    Mar 7 2008

    It seem San Diego has gone from boom to bust overnight.
    Drake
    Acne Doctors

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