Here are some interesting real estate facts.  The High Desert provides some of the California’s most affordable housing.

Calif. median home price May 09: $267,570

Calif. highest median home price May 09: Santa Barbara So. Coast $875,000

Calif. lowest median home price May 09: High Desert $106,210

Calif. First-time Buyer Affordability Index First Quarter 2009: 69 percent

Mortgage rates - week ending 7/9/09

30-yr. fixed: 5.20% Fees/points: 0.7%

15-yr. fixed: 4.69% Fees/points: 0.7%

1-yr. adjustable: 4.82% Fees/points: 0.6%

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