The Fresno Bee recently reported in April that home prices are rebounding. Personally, I am in the “wait-and-see” camp. No doubt inventories have been scooped up, but then again the majority of the inventory has been foreclosed homes often offered at below market prices to move them off the banks books.
NAR announced an uptick in sales in May:
May Existing-Home Sales Continue Rising Trend
…AND THEN, THERE’S THE BIGGER PICTURE:

I’ll let you decide.
But if you’re ready to buy or sell in Fresno – CALL ME: 559-301-1647
Tags: bank owned, foreclosures, fresno, home sales, listings, reos, statistics
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