Here is the market activity for the last 24 hours:
|
New Listings
|
21 |
| Back on Market | 9 |
| Price Increases | 2 |
| Price Reductions | 17 |
| Contingents | 2 |
| Pendings | 5 |
| Solds | 6 |
| Expireds | 24 |
In the cities of Fresno and Clovis there are currently 3,743 single family homes for sale, with a Median price of $249,950, and 90 days on the market.
The past week had 31 homes sell with a median DOM of 76, and a selling price of $295,000.
With home prices down and rates below what they were a year ago the market has really turned from the sellers market of the last couple years to a strong buyers market. Along with this transition Lease Options have come back into favor. Our office has placed several Lease Option tenants in the last several months, and several local builders are offering them as well.
Lease options are a good way for a seller to avoid loosing their house in foreclosure of having to do a short sale, and is great for a buyer that want to buy, but can’t right now. For more information go to our Lease Option page, or give us a call.
-James
Posted by estatehomesland 
