Fresno Buyers Making Lower Offers in 2006!

I see many sellers hanging on to price/values they remember from last summer. There are many more homes on the market now and Fresno prices have come down a bit, but I see many homes on the market that are just "overpriced" in the Fresno market today. I see the market as still very active too for sales (if they are priced right). I 'm working with several buyers and they are buying, but they are offering less than asking rather than full price or higher. If the home is perceived to be priced too high, the buyers tend to walk away to the next available listing that is priced better and they will negotiate on that one. Bottom line is this, "you better be serious about selling" if your home is on the market in 2006. This is not a market for "fishing" for that top dollar.

Realty Websites Reduce Visitors to Open Houses!

Over the past several years I've noticed one thing about the traditional "OPEN HOUSE" on sundays. They aren't getting the traffic they had in the past and I think it's because potential buyers are using the internet to view photos and research and make decisions faster whether they want to view it physically or not.

Real Estate: Demand for farmland grows

Farmland in the central San Joaquin Valley is in strong demand, often by buyers who have little interest in the crops.

[via FresnoBee.com: Real Estate]

HOA HOMEWORK

Buying into a homeowners association can be a daunting experience, but it will be easier if you do your homework. Here are some of the many things you should check out:

[via San Jose Real Estate -- MercuryNews.com]

Real Estate: Valley sees condos gain popularity

Would-be first-time home buyer George Salas likes to work on cars and wants more children, so a condominium would not fit his lifestyle.

[via FresnoBee.com: Real Estate]