March Real Estate Update: Happy Easter! Last month's Sales, ZERO down payment? Interest Rates

Hi Friends- Happy Easter! 


I hope your 1st 2 months of 2018 were good.  
Here is an update of the following areas. 
Clovis, Fresno & Madera.
As per information garnered from the Fresno 
Multiple Listing Service on ACTIVE HOMES in 
these 3 markets:

In the FRESNO market is 662. 
In CLOVIS, 192 homes are active.
MADERA area. Active homes are 149. 
These are some of the lowest numbers I have 
seen in regards to homes for sale
in the Fresno/Clovis & Madera area in several 
years. This will keep putting 
pressure on home values to continue to rise.
Only rising interest rates may possibly slow 
it down.

The avg. sales price in the FRESNO area in 
February was $267,130. There were 373 sales. 
The median sales price rose to $240,000. 
Days on Market 39 .

CLOVIS area. February. The average sales price 
was $369,177. 128 sales.The median sales price 
was $305,000. Days on Market 42. 

MADERA proper. The average sales price 
$240,625. 45 sales.Median was $230,000.
Values are still rising.Take advantage 
of my knowledge & experience for your benefit.

ZERO DOWN & INTEREST RATES. FHA/VA & 
Conventional are in the Mid 4's to 5.35%. Depending 
on credit scores. There is presently a program 
where a move-up buyer can purchase a home 
with ZERO DOWN. Contact me & I can answers 
questions & direct you to a trusted lending partner(s).
There are many good loan programs out there.
(As previously posted,the FEDS are talking about  
raising interest rates 2 more times this year.)








TIME. It may be time to buy a home? To move-up 
to a larger home to accomodate the family? Down-size 
to get rid of the yardwork?Whatever your reason may 
be, contact me for your FREE, NO Obligation Estimate
of value. It may be that TIME. 

Easter. If you are not attending a church presently. 
And would like to go to church on Easter. 
consider yourself invited to Northpointe Church.
Directions & service times can be found at:
@www.northpointe.org.

Many Blessings in 2018!!

Derek Monreal
Realtor
7050 N. Fresno St., #204
Fresno,CA 93720
Direct:559-349-0296
E-mail address: 
listwithderek@gmail.com
Website:(www.derekmonreal.com)

       
"NEVER TO BUSY FOR YOUR REFERRALS! " 
"I Donate 10% to Charity"


LIC#0111933

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