Storm Damage

Lightening causes fire damage to a NW Fresno apartment complex.  Full Story

OpEd: Downtown Needs Hard Work, not Quick Fixes

Full Story

The Fulton Mall in Fresno is just one high-profile piece of the downtown puzzle, and an effort to give it historic status seems typical of the hodgepodge way we've tried to revitalize downtown. Fortunately, Fresno's Historic Preservation Commission voted against recommending the Fulton Mall for the National Register of Historic Places.
That decision should speak volumes when the State Historic Resources Commission considers the mall's nomination on April 30. Instead of helping the mall, the historic status could hurt its resurgence.
City leaders need to consider the overall downtown picture as they contemplate the future of the Fulton Mall.

Top 10 Home Buying Mistakes

Top 10 Home Buying Mistakes
by Broderick Perkins

Buying a home is perhaps the most arduous, expensive and, ultimately, valuable acquisition you'll ever complete.

Just one mistake could mean disaster -- perhaps the worst mistake you'll ever make.
In order to avoid titanic trip ups during such a trying transaction, RealEstate.com suggests buyers get to know the most common home buying blunders. To know them is to avoid them.

Data shows median home prices are rising

Homes Are “On Sale” in South Florida, Phoenix and Las Vegas According to ZipRealty

Sellers nationally reduced their list price twice, for a median reduction of $20,200, in March to attract buyers

EMERYVILLE, Calif. (APRIL 8, 2010) – For home sellers in the Southwest or in South Florida the heat is on. According to a monthly review of Multiple Listing Services in 26 major U.S. markets conducted by the national online real estate brokerage ZipRealty (www.ziprealty.com; NASDAQ: ZIPR) in March, more than 50 percent of MLS listings in Phoenix had at least one price reduction. 

MSNBC now reporting rates are increasing

MSNBC reports homebuyers are scrambling to find their new home and get their rate locked before rates rise.  
Full Story 

Interest rates are headed back up!

This article ran on the AP today:

The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, more would-be homeowners are priced out of the market - a threat to the fragile recovery in the housing market.

Snapshot of the housing Market in the Fresno/Clovis Area in March 2010

With the Inventory where it is at now these Cities have now become a Sellers Market, as you can see above homes are selling and the choice for a bargain is getting smaller, Things have changed, it is the old saying Supply and Demand, there is more demand now and less supply, which means only one thing, prices will and are starting to go the other way.