Fresno In Top 7 Rising Real Estate Markets

Screen Shot 2013-07-17 at 8.04.25 AMFresno Real Estate

7th Metro Area In Nation

As previously discussed housing markets are on the rise. In some areas around the nation this means there’s good money to be made in flipping even when adding extra value by some of all of  well planned and executed Energy Package.

Other areas lend themselves more towards buying and holding for the purpose of leasing.  Fresno is an example of such a market where rental values are are high in comparison to the relatively low purchase price of investment properties.

According to a national survey 6 of the 7 metro areas with the fastest rising list prices are in California:

  • Sacramento: 40% – Median list $279,000
  • Santa Barbara: 38% – Median list $689,950
  • Oakland: 31% – Median list 419,000
  • San Jose: 29% – Median list $607,000
  • San Francisco: 26% – Median list $769,000
  • Phoenix AZ: 25% – Median list $218,000
  • Fresno: 22% – Median list $188,900

Interestingly, Fresno is not only in the top seven quickest recovering areas in the nation but represents the lowest buy in with an average listing price of $188,900.

Tonight we’ll be reviewing our newest spreadsheet with over 16 single family residential and multi family properties we’ve recently researched along with drive by inspections.

We’ve done the heavy lifting so you can join us for a quickly and easy review of pictures, website info, resale and rental values available in this rising market. Help us pick some favorites and maybe find your own next investment property(s).

To download this Webex presentation click here. To watch this audio/video presentation you’ll need to install the FREE Webex .ARF Player for either Windows or Mac.

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