Buying a new home for your family to live in or purchasing that investment property as added income may be in your future. Property values are coming down and leveling out and interest rates are on the rise, it is still a good time to buy! We expect that property values will quickly equalize, continuing to making real estate a solid investment in your future. Rental rates have also risen. For many, you may find yourself being able to own where you live, versus renting. For others, real estate has shown to be an added source of income from rental properties. YourFresnoRealty.com is here to help you in your home needs and questions. We are actively in touch with the real estate industry, from other real estate offices to lenders to escrow to title offices. We are closely monitoring the market for new homes and any changes in interest rates and other important changes. This may be your right time to sell and buy that new home you’ve been dreaming about in Fresno. People are buying and selling right now, are you ready?
* Property reports provided by Fresno County MLS published August 2022 for data through July 2022 for All Residential Properties in Fresno & Clovis. Rates provided by NEXA Mortgage for August 2022. Based on 95% Conventional, 96.5% FHA and 100% VA pricing with 780 credit scores. Please contact an mortgage lender for your rate.