Real Property Report – California January 2014

02-21-2014

Interesting article regarding real estate in California. Property Radar has reported that

sales and values have declined in California. Though it looks like the market is improving:

the number of foreclosures and investors are dropping, we still have a ways to go before

we’re back to a healthy market. The two NEW items that are mentioned in the article

that are hampering growth:

Limited inventory for sale: Nobody wants to sell unless they can buy something else they like.

And

The Qualified Mortgage Rule (QM) affects who can qualify for a mortgage and effectively

shuts out some who should be able to buy.
In Fresno I see the two BIG issues as:

25% of homeowner in Fresno County owe more than there property is worth

and

We seen little to no job growth.

Until we see those two improve, I don’t expect much further growth in sales or price.

Again, if your one of those folks who are upside down on your house or simply want to

sell, we’d be happy to make you a fair priced. Just click on the Fast Response button on one of

our webpages.

Real Property Report – California, January 2014

By wbhfresno|November 21st, 2024|Uncategorized|Comments Off

"Jan, it was a real pleasure working with you. What a pleasure to close an escrow for someone with such a great positive attitude, patience, and who also knows what they are doing. I hope we can do it again some day!"
Judy Robinson, Chicago Title Company

"Dear Jan, Thank you for the great job on 1807 West Dayton, Fresno, CA that we are about to close. As your listing agent, you make it easy for me to represent you on your listings. Your company does a great job on the remodels and most importantly to me, you work well with both buyers and sellers. You make selling and buying easy for all parties involved."
Cliff

"Thank you for making the sale of my Aunt's house so easy. My brother and I really appreciate the fact you did all the leg-work on getting the escrow account opened and had your check there ready and waiting for us at the close. It's amazing we were able to close escrow in only one week! It was truly a pleasure doing business with you."
Judy A.