The buyer’s market in Fresno County is unmistakable. In Clovis, the number of homes for sale is up 16% from last year, with total active listings surging 48%—and 34% of those listings have reduced prices. In the City of Fresno, homes for sale are up 9%, active listings have risen 38%, and 38% of listings have seen price cuts. These are numbers we have not seen in a long time. 

The Fresno County housing market is now firmly a buyer’s market, with more homes for sale and sellers offering concessions. Listings are up over 33% compared to last year, with 37% of homes for sale seeing price reductions

Insurance rates could surge across California after the LA fires with big impacts downstream for homeownership affordability.

Prices are up slightly, and the number of homes sold is rising compared to one year ago—a good sign that more buyers are coming into the Fresno and Clovis housing market as payments become more affordable.

What end of summer and declining interest rates are bringing

Lower demand and rising inventory are creating more opportunities for buyers

Changes are coming in July for real estate agent commissions

Home sales are finally picking up again after a year of low volumes