Active Listing Inventory Remains Low For Fresno Home Buyers!

The reason it's hard to find a home sometimes is because the inventory is low. Today I found that for all of Fresno and Clovis, residential homes and condos for sale, there was a total of 1758 active listings. This number includes the "short sales", of which there was 409 short sales. So really, there are 1349 active listings that can be  bought today. Most buyers do not want to endure the effort it takes to buy a short sale and that is understandable. 1349 listings is a low number for all of Fresno and Clovis. Of the 1349 active listings, 362 of them are "bank owned" REO's.