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Fresno County Property Tax Sale Begins March 7, 2014

2/6/14  Generally, in California when you’re delinquent on your property taxes for five years, the county

tax collector may offer the property for sale to satisfy the defaulted taxes.  Note they can foreclose sooner

if you have a “nuisance abatement lien” on the property.

In  Fresno County this sale begins on March 7, 2014.

If you are in the unfortunate position of being […]

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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 […]

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Distressed sales still falling in Fresno

1/30/2014

Distressed homes in Fresno County were 24 percent of all homes sold in December 2013. This is good compared to 52 percent in December of 2012. This is a reflection, in my opinion, of the increased values of homes compared to 2012. The median price appreciation was in the high teens, low 20’s for 2013.

For those of you still […]

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We Buy Houses Fresno

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Lost generation casts shadow over housing market.

6/10/14

The Wall Street Journal published the above article indicating that those folks in the 20’s-30’s  age group

are struggling to purchase their 1st home.  The recession has left them with limited job prospects and lots

of education debt.

The article goes on to say they they have credit rating scores that preclude them from buying from traditional

FHA lenders.  Before the recession and […]

By |October 11th, 2017|Uncategorized|Comments Off on Lost generation casts shadow over housing market.|

More Valley homeowners gain equity in 3rd quarter of 2015

2-17-2016

More Valley homeowners gain equity in 3rd quarter

This article from the valley’s business newspaper “The Business Journal” indicates

that 15.4 % of residential properties in Fresno County that have mortgages have

negative equity….they’re upside down on their loan.  This is an improvement from

the 3rd quarter in 2014 which had  19.3% with negative equity.

This is good news overall for Fresno’s real estate […]

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WSJ Article – Don’t Buy a Home as an Investment

12-29-2014

As I look back to the Fresno and Clovis real estate market around 2006 – 2007 ,

there was a buying spree that drove prices to new highs.  And as we all know, what

followed  impacted most of California and the country;  it was called the “Great Recession.”

First houses stopped selling, followed by prices declining and then foreclosures began

piling up as […]

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Keep Your Home California Program

Oct 22, 2014

For those of you who live in the Fresno or Clovis, CA area, there is a website that tries to help families determine

if they can qualify for assistance.  They’re providing program information and a listing of the participating servicers (lenders and others).

Here’s a summary of the four programs:

1)Unemployment Mortgage Assistance – They will help make your mortgage […]

By |October 10th, 2017|Uncategorized|Comments Off on Keep Your Home California Program|

Bloom Off the California Real Estate Rose

9/29/14

The most recent article from PropertyRadar.com, indicates that home values and sales volume for California homes are slowing down.

This negatively affects two groups of homeowners:  those who would like values to continue to grow because they owe more than there house

is worth and those who need to sell there home right away.  This slowdown has been our experience here […]

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Pros and Cons of Selling To An Investor

9/19/2014

I published this article on my blog a while back,  for those needing to sell it’s worth reading.  One of the CONS mentioned is the risk of being taken by a scam artist.  See the article and my comments below.

Jan Weston

Forbes magazine has an interesting article with the above title: It goes into the pros and cons of selling […]

By |October 9th, 2017|Uncategorized|Comments Off on Pros and Cons of Selling To An Investor|