SRCAR Connect

<p dir="ltr"><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">C.A.R. reports e</font></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">ntry-level housing affordability at 25 percent in California</font></span></p><p dir="ltr"><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">LOS ANGELES (March 1) The percentage of households who could afford to buy an entry</font></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">-</font></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">level home in California stood at 25 percent in the fourth quarter of 2006, compared with 27 percent for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). </font></span></p><p dir="ltr"><span lang="en-us"><font face="Arial" size="2">C.A.R.’s First-time Buyer Housing Affordability Index (FTB-HAI) measures the percentage of households that can afford to purchase an entry-level home in California. C.A.R. also reports first-time buyer indexes for regions and select counties within the state. The Index is the most fundamental measure of housing well-being for first-time buyers in the state. </font></span></p><p dir="ltr"><span lang="en-us"><font face="Arial" size="2">The minimum household income needed to purchase an entry-level home at $477,400 in California in the fourth quarter of 2006 was $96,760, based on an adjustable interest rate of 6.36 percent and assuming a 10 percent down payment. First-time buyers typically purchase a home equal to 85 percent of the prevailing median price. The monthly payment including taxes and insurance was $3,230 for the fourth quarter of 2006.</font></span></p><p dir="ltr"><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span></p><p dir="ltr"><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">At 41 percent, the High Desert and Sacramento regions were the most affordable C.A.R. regions in the state.</font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" color="#000000" size="2">Santa Barbara and Los Angeles were the least affordable regions in the state at 19 percent.<br /></font></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Quarterly FTB-HAI historical data from 2003 – 2006 is available on C.A.R. Online at</font></span><span lang="en-us"> </span><a title="http://www.car.org/index.php?id=MzY0ODU" href="http://www.car.org/index.php?id=MzY0ODU"><span lang="en-us" title="http://www.car.org/index.php?id=MzY0ODU"></span><span lang="en-us" title="http://www.car.org/index.php?id=MzY0ODU"><u title="http://www.car.org/index.php?id=MzY0ODU"><font title="http://www.car.org/index.php?id=MzY0ODU" face="Arial" color="#0000ff" size="2">http://www.car.org/index.php?id=MzY0ODU</font></u></span><span lang="en-us" title="http://www.car.org/index.php?id=MzY0ODU"></span></a><span lang="en-us"></span><span lang="en-us"><font face="Arial" color="#0000ff" size="2">.</font></span></p><p dir="ltr"><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" color="#000000" size="2">Leading the way…® in real estate news and information for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (</font></span><span lang="en-us"></span><a title="file:///C:/exchweb/bin/redir.asp?URL=http:/www.car.org/" href="file:///C:/exchweb/bin/redir.asp?URL=http:/www.car.org/"><span lang="en-us" title="file:///C:/exchweb/bin/redir.asp?URL=http:/www.car.org/"></span><span lang="en-us" title="file:///C:/exchweb/bin/redir.asp?URL=http:/www.car.org/"><font title="file:///C:/exchweb/bin/redir.asp?URL=http:/www.car.org/" face="Arial" color="#0000ff" size="2">www.car.org</font></span><span lang="en-us" title="file:///C:/exchweb/bin/redir.asp?URL=http:/www.car.org/"></span></a><span lang="en-us"></span><span lang="en-us"><font face="Arial" color="#000000" size="2">) is one of the largest state trade organizations in the United States, with nearly 200,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.</font></span></p><p dir="ltr"><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span></p><p dir="ltr" align="justify"><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">C.A.R. FIRST-TIME BUYER HOUSING AFFORDABILITY INDEX <strong></font></span></p><p dir="ltr"><span lang="en-us"><b></b></span><span lang="en-us"><b>       </b></span><span lang="en-us"><b></b></span><span lang="en-us"><b> <font face="Arial" size="2">Q4 2006 Q3 2006</font></b></span><span lang="en-us"><b></b></span><span lang="en-us"><b> <font face="Arial" size="2">Q4 2005</font></b></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">California     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">25      24      27     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">California – Condos    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">37      35      37     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">United States  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">61      59      61     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">C.A.R. REGION  </font></span><span lang="en-us"></span><span lang="en-us">                        </span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Central Valley </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">38      36      37     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">High Desert    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">41      39      43     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Los Angeles County     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">19      19      21     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Monterey Region</font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">20      17      19     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Northern California    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">37      33      32     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Northern Wine Country  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">24      22      23     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Orange County  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">24      22      24     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Palm Sprgs/Lwr Desert  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">32      32      33     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Riverside/SBernardino  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">33      31      36     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Sacramento County      </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">41      38      40     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Diego County       </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">23      21      22     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Francisco Bay      </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      25      28     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Luis Obispo County </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">22      18      19     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Santa Barbara Area     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">19      14      19     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Santa Clara County     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">30      27      32     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Southern California    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">24      23      27     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Ventura County </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">25      22      25     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">COUNTY </font></span><span lang="en-us"></span><span lang="en-us">                        </span><span lang="en-us"><b></b></span><span lang="en-us"><b></b></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Alameda</font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      24      26     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Contra Costa   </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      27      29     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Fresno </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">41      39      40     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Marin  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">23      22      23     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Merced </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">39      39      35     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Riverside      </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">33      31      35     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Bernardino </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">36      36      40     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Francisco  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">19      17      21     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Joaquin    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      27      33     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Mateo      </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">21      20      23     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Santa Cruz     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">22      18      21     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Sonoma </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      24      24     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Stanislaus     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">36      35      36     </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span></p><p dir="ltr"><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2"></strong> — percentage of California households that can afford to purchase a median-priced home</font></span></p><p dir="ltr"><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Source:  CALIFORNIA ASSOCIATION OF REALTORS®</font></span></p><p dir="ltr"><span lang="en-us"></span><span lang="en-us"><b></b></span><span lang="en-us"><b>       </b></span><span lang="en-us"><b></b></span><span lang="en-us"><b> <font face="Arial" size="2">Housing<br />Affordability Index     First-Time Buyer<br />Median Price<br />Q42006  Monthly Payment Including Taxes &amp; Insurance     Minimum<br />Qualifying Income      </font></b></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">California     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">25      $477,400        $3,230  $96,760        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">California – Condos    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">37      $360,160        $2,430  $73,000        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">United States  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">61      $186,410        $1,260  $37,780        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">C.A.R. REGION  </font></span><span lang="en-us"></span><span lang="en-us">                                </span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Central Valley </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">38      $290,770        $1,960  $58,930        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">High Desert    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">41      $279,480        $1,890  $56,650        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Los Angeles County     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">19      $498,510        $3,370  $101,040       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Monterey Region</font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">20      $595,780        $4,030  $120,750       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Northern California    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">37      $330,530        $2,230  $66,990        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Northern Wine Country  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">24      $511,990        $3,460  $103,770       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Orange County  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">24      $587,100        $3,970  $118,990       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Palm Sprgs/Lwr Desert  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">32      $305,140        $2,060  $61,850        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Riverside/SBernardino  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">33      $345,470        $2,330  $70,020        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Sacramento County      </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">41      $310,340        $2,100  $62,900        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Diego County       </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">23      $492,810        $3,330  $99,880        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Francisco Bay      </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      $623,370        $4,210  $126,350       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Luis Obispo County </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">22      $460,890        $3,110  $93,410        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Santa Barbara Area     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">19      $552,120        $3,730  $111,900       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Santa Clara County     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">30      $646,000        $4,360  $130,930       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Southern California    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">24      $467,800        $3,160  $94,810        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Ventura County </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">25      $568,230        $3,840  $115,170       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">COUNTY </font></span><span lang="en-us"></span><span lang="en-us">                                </span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Alameda</font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      $568,880        $3,840  $115,300       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Contra Costa   </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      $615,580        $4,160  $124,770       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Fresno </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">41      $242,160        $1,640  $49,080        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Marin  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">23      $803,590        $5,430  $162,870       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Merced </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">39      $252,340        $1,700  $51,140        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Riverside      </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">33      $350,000        $2,360  $70,940        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Bernardino </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">36      $323,130        $2,180  $65,490        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Francisco  </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">19      $713,700        $4,820  $144,650       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Joaquin    </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      $337,840        $2,280  $68,470        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">San Mateo      </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">21      $727,600        $4,920  $147,470       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Santa Cruz     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">22      $614,550        $4,150  $124,560       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Sonoma </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">26      $514,540        $3,480  $104,290       </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"><font face="Arial" size="2">Stanislaus     </font></span><span lang="en-us"></span><span lang="en-us"> <font face="Arial" size="2">36      $307,380        $2,080  $62,300        </font></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span><span lang="en-us"></span></p><p dir="ltr" align="justify"><span lang="en-us"></span><span lang="en-us"></span></p><p dir="ltr" align="justify"><span lang="en-us"><font face="Arial" size="2">Source:  CALIFORNIA ASSOCIATION OF REALTORS®</font></span></p>