March 2011 
There are 1 blog entries for March 2011.
Fresno Investors Grabbing Real Estate Bargains
Friday, March 18th, 2011 at 9:10am. 2488 Views, 1 Comments.
Fresno Investors Grabbing Real Estate Bargains
Fresno County’s Under-Priced Market:Fresno’s real estate market is currently priced 30% (approximately $50,000) lower than it should be. That assessment is according to real estate economist Mark Boud, principal of Irvine-based Real Estate Economics, who shared his research findings recently at CSU Fresno.
Boud’s assessment of Fresno county’s real estate market is that the prices bottomed out this past year and the next five years will be a slow road to recovery. Mortgage interest rates will continue to tick up, the inventory of foreclosed homes will continue to shrink and pricing will slowly rise again. Boud noted that Fresno’s job market experienced growth in 2010 and that affordable…