The Beverly Hills Real Estate blog Wednesday 7-30-09

By
Real Estate Agent with Nourmand & Associates

Good morning and welcome.  It's now Thursday.  Plenty of sunshine... but cooler...  Only 77 downtown, low 70‘s at the beaches and lower 90's at inland locations.

Dodgers lose 4th in a row.  Angeles won. Buick Open with Tiger begins today; a does the womens and Senior  Opens.

News from CAR:

Calif. median home price - June 09: $274,740 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region June 09: Santa Barbara So. Coast

$850,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region June 09: High Desert

$108,600 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - First Quarter 2009: 69 percent (Source: C.A.R.)
Mortgage rates - week ending 7/23/09 30-yr. fixed: 5.2% Fees/points: 0.7% 15-yr. fixed: 4.68% Fees/points: 0.7% 1-yr. adjustable: 4.77% Fees/points: 0.6% (Source: Freddie Mac)  

Have a cool day.  See you tomorrow! 

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