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For those of you who are following the real estate market nationwide I am sure you already read today’s Associated Press news story about the real estate market which announced that sales of existing homes rose in February - which also happened to be the month that home priced dropped the furthest. It appears that as prices decline buyers are willing to move off the sidelines.
Here is a recent article on the local market citing industry professionals who believe the Fresno real estate market has bottomed.
The market is still very unhealthy and we have a lot of foreclosure, short sale, and REO inventory to absorb. Let’s hope and pray that out economy can get back on track soon.
Want to purchase a foreclosure, shortsale, or REO property in Fresno? Call me, I can help.
Lazarus @ 559.301.1647
just dont ask me if the market has hit bottom - because I don’t know.
Tags: foreclosures, Fresno, market, mls, realy estate, reo, reos, short sales
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