Calif. median home price – November 06: $555,290 (Source: C.A.R.)
(note: compared to $548,680 last month)

Calif. highest median home price by C.A.R. region November 06:Santa Barbara So. Coast $1,083,000 (Source: C.A.R.)
(note: compared to $1,115,000 last month)

Calif. lowest median home price by C.A.R. region November 06:High Desert $332,340 (Source: C.A.R.)
(note: compared to $328,650 last month)

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

Mortgage rates – week ending 12/21:

• 30-yr. fixed: 6.13%; Fees/points: 0.4%
  (note: compared to 6.18% and 0.5% points last report )
• 15-yr. fixed: 5.89%; Fees/points: 0.4%
  (note: compared to 5.91% and 0.5% points last report )
• 1-yr. adjustable: 5.44%; Fees/points: 0.6%
  (note: compared to 5.49% and 0.6% points last report )

- California Association of Realtors & Freddie Mac