Estimating Fresno Home Values!

The most popular conversation topic is "the value of your house" these days. Fresno, like everywhere else has had their real estate values increase at phenomenal rates. One of my common jobs is to estimate the value of peoples homes in the Fresno and Clovis area. I receive requests almost daily from my website www.FresnoHomes.net for a "Home Value" analysis. I am uniquely qualified for the position, having been a Fresno Realtor for 24 years and a Fresno native, and having personally seen the city grow over the last 50 years. I do this market analysis, without cost or obligation, hoping to secure their confidence in me as a Realtor should they decide to sell their property at some point. Fortunately, the computer and internet has helped make this job much easier and faster. I access sales and listing data from the Fresno MLS as well as the public Fresno County tax records. I like to use only the very most recent sales comparables (1-6 months), the current "pending sales" and the active listing inventory to analyze. In the current "sellers market" of 2005, a substantial consideration is given to what is currently available as well, because of supply and demand. The number of buyers overweights the number of sellers today, which is keeping our prices strong and seemingly ever increasing. Prices have gone up in the first half of 2005, but I beleive they are leveling off somewhat, due to the active listing inventory increasing.