AUGUST RE UPDATE, HOW MUCH HAVE VALUES RISEN THIS YEAR? GAS PRICES,RATES?
Hey Friends- Real Estate Update! How much have values risen this year? The avg.
sales price In the FRESNO area in July was $257,789. This gives an approx. 6%
rise for the year.
The median sales price rose to $242,450. July
sales show that the Fresno market values are
steady.Overall for the year, rising.
ACTIVE HOMES. Active homes on the Fresno market is 823.
In Clovis, 226 homes are active. The low inventory of homes will keep putting
pressure on home values to rise.
CLOVIS area, the average sales price was $346,760. The median sales price
was $319,900. Values have consistently risen.Over 6% for the year. Take advantage of my knowledge to benefit your real estate portfolio.
Question for you. When you are in need of
medical help, or legal help, you normally look for a well-qualified, knowledgeable, professional, right? Probably with references. I strongly suggest to do the same when it comes to one of the biggest investments in your life. I am here to serve you.
was $319,900. Values have consistently risen.Over 6% for the year. Take advantage of my knowledge to benefit your real estate portfolio.
Question for you. When you are in need of
medical help, or legal help, you normally look for a well-qualified, knowledgeable, professional, right? Probably with references. I strongly suggest to do the same when it comes to one of the biggest investments in your life. I am here to serve you.
GAS PRICES. Gas prices are steady,according to Gas Buddy.com. The lowest gas prices are $2.57-2.65. A positive for real estate.
INTEREST RATES. FHA/VA is in mid 4's(4.00-4.50) Conventional in mid to high 4's(4.25 to 4.75) Always confirm with your trusted lender. (FEDS are
continuing to plan to steadily raise interest rates throughout the rest of the
year) If you do not have a lender, I have some excellent lenders I can refer
you too!
They can get you pre-approved & on the road to buy your next or 1st home.
Keep in mind, the local real estate market remains healthy.
Let me know if you have any questions. I am here to serve you.
Derek Monreal
Realtor
7050 N. Fresno St., #204
"NEVER TO BUSY FOR YOUR REFERRALS! "
"I Donate 10% to Charity"
LIC#0111933
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