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

Calif. median home price June 09: $274,740

Calif. highest median home price May 09: Santa Barbara So. Coast $850,000

Calif. lowest median home price May 09: High Desert $108,600

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

Mortgage rates - week ending 7/23/09

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

15-yr. fixed: 4.68% Fees/points: 0.7%

1-yr. adjustable: 4.77% Fees/points: 0.6%

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