C.A.R. Fast Market Facts

CA Median Home Price Quick Facts:

.  Existing, single-family home sales increased 2.5 percent in March to a seasonally adjusted rate of
   516,590 units on an annualized basis compared with March 2009.

.  The statewide median price of an existing single-family home increased 20.8 percent in March to
   $301,790, compared with March 2009.

.  C.A.R.’s Unsold Inventory Index fell to 5 months in March, compared with 5.6 months in March 2009.

2009 4th Quarter Affordability Quick Facts:

.  C.A.R. First-time Buyer Housing Affordability Index stood at 64 percent in the fourth quarter of 2009
   compared with 61 percent (revised) in the fourth quarter of 2008

.  The median price of an entry-level home in California was $257,940 in the fourth quarter of 2009

.  The estimated monthly payment including taxes and insurance was $1,470 in the fourth quarter of
   2009

.  The minimum household income needed to purchase an entry-level home in California in the fourth
   quarter of 2009 was $44,100.

Source: CALIFORNIA ASSOCIATION OF REALTORS^®