It may be too late to qualify for the $8000 federal tax credit, but the market remains active. We are seeing the inventory increasing right now, as more listings are coming on the market. We are currently just over 2000 active listings in the Fresno/Clovis area for homes and condos. At the start of the year, there were about 1600 active listings. The activity remains in the first time buyer and the low end of the pricing. Homes under $200,000 are seeing the most activity. I received a call this week from a reporter at channel 24 news, and she wanted to interview a home buyer while I was showing them properties. The reporter was trying to paint a picture of a declining market, and the stats do show less sales from a year ago for the Fresno area, but I wouldn't totally agree with her.
Watch my TV interview news article from 5/25/10.
