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Fresno California Real Estate

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Are Home Prices Rising?

June 24th, 2009 · No Comments

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

You can read the article here

…AND THEN, THERE’S THE BIGGER PICTURE:

rebound_chart.jpg

I’ll let you decide.

But if you’re ready to buy or sell in Fresno – CALL ME: 559-301-1647


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