Fresno Area Real Estate News and Market Trends

You’ll find our News Posts to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Jan. 9, 2020

Fresno County's New FHA Loan Limits For 2020

Great News!
They have raised the FHA loan limits for the year 2020!
 
Fresno County new loan limit
$331,760 (FHA base loan amount)
 
So you can write a purchase offer up to $343,792 FHA with the borrower bringing in the minimum 3.5% down.
 
At our office, we also offer the CalHFA loans where the borrower can get a 2nd & 3rd to cover their down payment & closing cost for both FHA & Conventional.  
(you can buy a million $$$+++ house with an FHA loan, the buyer/borrower just needs to put down the difference to meet the county loan limit. It can even be a gift from a relative.)
 
 
Conventional Loan Limit for Fresno County has been raised also.  $510,400 is the new conventional limit with as low a 3% down.  
Write an offer up to $526,185 with only 3% down.  
 
I hope this helps you or anyone you know with any future real estate goals you may have. If I can assist in any way or connect you with one of my in house lenders please let me know.
photo
Baylen Trafton             
Realtor®  Universal Realty Lic # 02026482
1522 Shaw Ave Clovis, Ca 93611
Posted in Market Updates
Oct. 11, 2019

The only FREE LUNCH when buying a house!

Posted in Market Updates
Nov. 19, 2017

PRIORITY TASKS FOR YOUR MOVE IN

Moving into a new home is an exciting time, and you’re probably daydreaming about decor and paint schemes and new furniture. But before you get into the fun stuff, there are some basics you should cover first.

Change the locks

Even if you’re promised that new locks have been installed in your home, you can never be too careful. It’s worth the money to have the peace of mind that comes with knowing that no one else has the keys to your home. Changing the locks can be a DIY project, or you can call in a locksmith for a little extra money.

Steam clean the carpets

It’s good to get a fresh start with your floors before you start decorating. The previous owners may have had pets, young children, or just some plain old clumsiness. Take the time to steam clean the carpets so that your floors are free of stains and allergens. It’s pretty easy and affordable to rent a steam cleaner—your local grocery store may have them available.

Call an exterminator

Prior to move-in, you probably haven’t spent enough time in the house to get a view of any pests that may be lurking. Call an exterminator to take care of any mice, insects, and other critters that may be hiding in your home.

Clean out the kitchen

If the previous occupants wanted to skip on some of their cleaning duties when they moved out, the kitchen is where they probably cut corners. Wipe down the inside of cabinets, clean out the refrigerator, clean the oven, and clean in the nooks and crannies underneath the appliances.

 

Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates