One of the areas of business that affects real estate values is jobs. If you have more jobs it places, greater demands on housing. Which then puts upward pressure on real estate values. Fresno’s job growth is expected to be flat because of the drought. This will likely reflect in flat or lower values for housing. For those of you who are hoping for extra equity in your home, pray for rain!
See the article at: Forecast: Drought to flatten Fresno job growth