30-year mortgage interest are at a 52 week low at 4.10 down from 4.53 at the beginning of the year. The 15-year mortgage is 3.24. The rates are down in spite of Federal Reserve trimming monthly bond purchases. Not surprising, home sales are also up but at a slower pace. In Fresno and Clovis there is only a two and half month supply of homes on the market making it a Seller’s market. Our Open House held on September 7 saw a record number of visitors and at least two offers. Potential sellers would likely do very well. However aggressive real estate appraisals are holding prices down in spite of the value buyers see in homes. Real estate is dynamic.
There are so many events going on in Fresno & Madera county durin
"Working with Jennifer Martin and her entire team in order to sell my home and
find a new home was a great experience! They were warm, friendly, helpful
and very responsive to the many questions and concerns I had throughout the
process. I felt like I was well represented and could trust them completely.
There is a definite feeling of family in working with Jennifer and her team. I
took comfort in knowing that Jennifer and her team have so much real estate
experience and could handle any challenge that arose.
Having never sold a home before, and not knowing what to expect, I could not
have been more pleased with the outcome. Both the purchase and sale of my
home were handled very efficiently. I would highly recommend Jennifer Martin
and her team for all your real estate needs.
Working with Gene O’Brien at Platinum Mortgage was also an absolute pleasure.
Gene makes you feel like he is advocating for you and you feel like a friend
instead of a customer."