Fresno California Real Estate Market Update

By
Real Estate Broker/Owner with Lazarus Realty

Interesting article in the Fresno Bee today discussing the uptick real estate sales.  According to the article the same investors who sold property 2003 - 2005 and went to the sidelines are now coming back in.

  • Fresno Association of Realtors reports preliminary figures of  612 units sold in October
  • Over half of  October sales (56%)  were foreclosures.
  • The median price of a home is now $175,000 ( down 31% from a year ago)

Go here for a chart of sales in Fresno  Clovis area

 

Lazarus Realty
Lazarus

Direct:
Fax:

559.301.1647
559.438.7475

1319 W Bullard #4 -- Fresno CA -- 93711

© Randy "Lazarus" McAtee

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Rainer
42,864
Charlie Harden
Columbia, SC

Lazarus, I'm thrilled to hear that investors are getting active again.  Hopefully all will come back around by '09.

Nov 13, 2008 02:32 AM #1
Rainmaker
79,032
Randy "Lazarus" McAtee
Lazarus Realty - Fresno, CA
Owner/Broker, Lazarus Realty, Fresno California

Charlie: "Hopefully all will come back around by '09"

I hope so too.  I think the market may be better due to further price reductions, which is going to be good for some bad for MANY.

Nov 13, 2008 03:32 PM #2
Rainmaker
79,032
Randy "Lazarus" McAtee
Lazarus Realty - Fresno, CA
Owner/Broker, Lazarus Realty, Fresno California

Charlie: "Hopefully all will come back around by '09"

I hope so too.  I think the market may be better due to further price reductions, which is going to be good for some bad for MANY.

Nov 13, 2008 03:32 PM #3
Anonymous
Lee

Fresno, CA

Burglary; Insurance fraud; ID theft; Suspected homicide; Real estate theft  

Having people run off their property / total annihilation of others.  This is how they "clear the path" in order to alter the sewer/water lines on private property WITHOUT LEAVING ANY WITNESSES.  Fresno County District Attorney refuses to address the VERIFIED FORGERIES of people never seen again.  Death threats for reporting this.   Organized crime ~ municipal corruption  

John Bonadelle's name is being used behind all of this.  Tragic.

Jan 04, 2009 05:58 PM #4
Anonymous
Lee

Forgot to mention who is behind this ...... Wilbert G. Swieso and the City of Fresno (Autry)

They used the risk analsyt to conspire in having my family and neighbors annihilated; property taken; then had me robbed, raped and left for dead in order to pull this off.  Much more. 

Jan 04, 2009 06:01 PM #5
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Rainmaker
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Randy "Lazarus" McAtee

Owner/Broker, Lazarus Realty, Fresno California
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