Fresno and Clovis Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Dec. 1, 2018

Can a Comparative Market Analysis help you?

To get an estimate of how much you should list your property for, you can request a Comparative Market Analysis (CMA). A CMA is an informal estimate of market value, based on sales of comparable properties in your area. It generally takes into account various aspects of your home, including size, features, and annual costs. Reviewing comparable homes that have sold within the past year, along with the listing or asking price on current homes for sale, should help you determine a fair sale price for your property.

CMAs can include homes that are currently for sale and those which have recently sold. They can cover areas as narrow as one or two streets surrounding your home, or as broad as an entire subdivision.

A CMA is an informative tool, but like any tool, it doesn't work by itself. For this reason, the CMA will always need to be interpreted by a professional.

Remember, too, that a Comparative Market Analysis is also used as a buying tool. Real estate agents will typically share CMA reports with their clients as they consider buying homes in an area or neighborhood. Just as you can use the CMA to ask the highest possible price for your home, buyers can use it to roughly determine if your home is being listed at a fair market value.

Price it right

When you're ready to sell, don't make the mistake of overpricing. It could prove costly if it slows down the sale of your home or makes other homes look like a better value.

If you overprice your home, you could easily disappoint buyers who will compare your home to other homes within the same price range. Plus, you may eliminate a pool of potential buyers who are shopping for homes priced closer to your home's true market value, causing you to lose customers during the crucial first weeks that your home is on the market. And, the longer your home stays on the market, the more buyers may begin to reason that there is something wrong with the property.

Avoid a "price high then drop" strategy. You run into the risk of buyers believing that the home has flaws or that you are desperate to sell. If you accept a bid at an inflated price, your buyer may face financing problems, because an overpriced house will not appraise for the selling price.

Contact me for an unbiased estimate. We’ll evaluate all the information and come to an agreed, best price for your home.

Sellers: protect yourself and your home

Never allow random house hunters into your home unescorted. A serious buyer will be working with a real estate professional or should be willing to contact your agent to schedule an appointment. Also, always lock your valuables away before an open house. Many people will be walking through your house and it is impossible to monitor all of the areas of your home at the same time.

Let’s establish a good price from the start and get your home sold quickly. Contact me today to arrange for a Comparative Market Analysis of your home.

 

I’m here to help.

Posted in News
Feb. 11, 2018

Four Questions to ask before Selling your Home

As spring and summer arrive and the school year comes to an end, buyers in  the Fresno and Clovis area will begin to search for their next home. If you're thinking about selling your home and making your next move, now is the time to plan for maximum exposure for your home.

I understand your unique needs as a home seller in the greater Fresno and Clovis area and I will evaluate your house against what is available in the area. Together, we will bring you top dollar for your home.

Here are four factors to consider:

  • 1. How does your home's size and layout compare to those in your neighborhood in Fresno or Clovis?
  • 2. What are the key selling points of your home?
  • 3. What small upgrades or improvements should be made before listing?
  • 4. What type of buyer should we target for your unique home?

Call me today to discuss the local market, and how my marketing plan will attract the right buyers for your home in the Fresno or Clovis area.

Posted in News
Feb. 10, 2018

It’s Okay to be Wild on Fresno Property

Fresno property transforms into a true African setting at the Fresno Chaffee Zoo. Guests wandering through the African Adventure exhibit feel as if they have actually landed onto a different continent. Authentically styled habitats ensure thriving animals and the species here are content in their Fresno homes. A bit like on safari travelers will spot giraffes, lions, rhinos and elephants. Take a peek by viewing the live web cam here.

Listen to the roar of the lions well before spotting the pride. A magnificent herd of elephants trumpet in response nearby. White rhinos are in jeopardy in the wild. Stop by and learn all about them and how to help protect these majestic beasts. Cheetahs are the fastest animals on land. Spectators will be seeing spots as they zoom past.

The Sky Is in Reach Near Fresno Homes

Visitors get to know gentle giraffes up close and personal at the Twiga Terrace Feeding Station. Long and lanky, these sweet creature amble up close to accept lettuce leaves from friendly guests. Feeding the giraffes is an amazing experience for one and all. The views of the zoo are spectacular on top of the terrace. From these heights a 360 degree view of the savanna is seen making it easy to plan out where to explore next.

When planning the day at the Fresno Chaffee Zoo be sure to check the daily schedule. Keeper chats are great ways to pick up extra insight and information about favorite critters. Oftentimes other special events are in the works as well. Future generations hold the lives of exotic animals in their hands. Educational programs help teach them about animals when they are young. Designed just for four and five year olds, Tot Time introduces live animal friends to youngsters and features crafts and stories. Periodic zoo camps allow kids an intimate showing of the zoo. The Zoomobile heads out into the community on a regular basis with animal ambassadors ready to make new human friends.

 

Posted in News
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates