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Clovis, CA

What Would Forrest Gump Say About the Real Estate Crisis?

Dr. John McMillen: Real Estate Agent in Clovis, CA

What Would Forrest Gump Say About the Real Estate Crisis? It’s hard to believe that it’s been 15 years since Forrest Gump appeared on Hollywood’s big screen, sharing his interpretation on some of life’s most complex issues. No matter what the circumstances, whether it be war, politics, or love, Forrest had a pronounced ability to see things differently than most of us and then put them into perspective. But even Hollywood’s Forrest Gump couldn’t find a bright spot in one of the worst economic and housing market crises in the history of the United States, or could he? Read more here...

Are Clovis Home Prices Stabilizing?

Dr. John McMillen: Real Estate Agent in Clovis, CA

Are Clovis Home Prices Stabilizing? According to a new survey of real estate professionals, many Realtors think that home prices will remain the same for the next six months. What does this mean for Clovis?

According to the survey, more than 69% of the 1,100 practitioners surveyed said they were convinced that home prices have hit bottom. Is that true of Clovis? Below are the housing statistics for homes sold in Fresno County in July. Read More

CLOVIS, Ca schools AND help with Closing Costs...What more could a buyer want?

Shantay Davies: Real Estate Sales Person in Fresno, CA

ClOVIS, Ca Schools AND Help with Closing Costs?

Yes, It's true! Lennar Fresno has some AMAZING communities in the Central Valley. Lennar Fresno features 13 communities from Fresno, CA down to Tulare, CA and everywhere in between.

I want to share this here--with you--to give your clients a buying opportunity of a lifetime!

Our highly desired Radcliffe floorplan is available for a September move in. This home is located in our Cathedral Traditions community, on Peach and Shepherd. 4 bedrooms, 2 bathrooms, 2 Bay Garage with 2,153 square feet of living space.

The heart of this home is its open kitchen with endless countertops and cabinets. The morning room is a great place to enjoy a cup of coffee and entertain friends and family. Did I mention a fireplace, granite countertops, and tile are standard features? Well, they are!

This home is priced to sell at just $321,750. Plus, there's help with closing costs up to $9500, AND BELOW MARKET 30-year FIXED interest rates!

This is the home your picky buyers have been waiting for! The process is easy. Just give me a call to set up a time to visit Cathedral Traditions TODAY at 559-994-6567. Hope to hear from you soon!

Shantay R. Davies

Internet New Home Consultant
Lennar Fresno Division

Holding Pattern in Fresno Real Estate

Harold Penner: Real Estate Agent in Clovis, CA

ImageHAROLD PENNER: Fresno Real Estate Market Analysis
Holding Pattern in Fresno Real Estate


For the past few months, the local Fresno real estate market has been in a type of holding pattern. The number of active foreclosures reduced by over two-thirds in the past six months leveling out around 450 active foreclosures beginning in May 2009. Pricing in homes under $250,000 has been slightly rising, but overall the number of sold properties and the average pricing of those homes has remained relatively steady for the past 4 months.

There is plenty of chatter and predictions for when the flood of foreclosures will return. But, for now, one of the points for first time homebuyers to remember is that federal tax credits will only apply for homes purchased before November, 30, 2009. The reduction in foreclosures has meant increased competition for homes coming on the market. Buyers need to act fast and aggressively in order to get the homes they are interested in before they miss this window.

For sellers interested in taking advantage of this time, here are some suggestions for enhancing your home (excerpt from RealtyTimes.com):

1. Go green. Energy efficient products and household goods are attractive to buyers. Renovations or replacements that help make the house more energy efficient are popular. Things such as better insulation, replacing old windows, caulking, and adding skylights can increase value.

2. Crown molding and wider baseboards. Some homeowners are shy to experiment with this, especially if they live in a small home, but it can be very attractive in any size home. Wider baseboard. The measly baseboard that builders often use in tract homes doesn't draw attention. Adding a wider baseboard and a fresh coat of paint makes the room come to life. Also, framing windows and doors helps complete the look of a room.

3. Textured paint. Faux finishes, accented walls, or even just a little fresh paint on them makes a lasting impression. Choose colors and textures wisely. Don't get carried away with a color you love (e.g. purple walls-I've seen it in a home for sale). Remember, that you want your home to appeal to the masses. You can always paint your new home purple-and then change it when it comes time to sell it!

4. Improved flooring. Wood, tile, and new carpet can be a showstopper. But if the flooring is chipped, torn, or dirty, you'll get the opposite reaction from buyers. They'll think your home hasn't been cared for properly which could result in a lower offer -- or no sale at all.

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JUNE MARKET STATISTICS* - Fresno and Madera Counties


  • Average Price of Sold Homes in June '08 vs. '09 - $232,076 vs. $164,118 (30% Decrease)
  • Sold Homes in June '08 vs. '09 -675 vs. 978 (45% Increase)
  • # of Foreclosures and Pre-Foreclosures Sold in June '08 vs. '09 - 371 vs. 663 (79% Increase)
  • Avg. Loan Percentage Rate in July 2009 - 5.13% (30 Year Fixed)

    *Unless otherwise indicated, all stats are based on residential sales in Fresno and Madera counties.

    Click here to visit HomesInFresno.com

ImageFEATURED LISTING
2243 W. Magill Ave., Fresno, CA 93711

  • $850,000
  • 5 Bedrooms
  • 4.5 Bathrooms
  • 4,175 sq. ft.

    Over Half Acre! Prime northwest Fresno location near Herndon and Van Ness, this 1991 built home includes 3 car garage, RV access and huge yard with pool. With over 4,000 square feet of living space, vaulted ceilings, marble flooring and open layout, this home is ideal for entertaining.

    Click here for more info on this home!

  • Clovis, CA Boasts DREAM Kitchen

    Shantay Davies: Real Estate Sales Person in Fresno, CA

    Cathedral Chateau Series in Clovis, CA boasts DREAM Kitchen

    If you're a chef, or just love to cook you'll get as excited as I do over Lennar's DREAM kitchen at Chateau. The extensive standard features in the kitchen lead you to believe you've just designed a custom kitchen. Good news----the DREAM kitchen at Chateau is a standard feature.

    This is the only community in the Central Valley that features the all new Cambridge Collection Chateau home designs. Homes that feature old world charm with modern conveniences and a spectacular dream kitchen that includes:

    • Granite slab countertops
    • Stainless steel appliances
    • Tumbled stone backsplash
    • Oil rubbed faucets and light fixtures
    • California Closet designed pantry
    • Glazed maple cabinetry w/ concealed hinges
    • Veggie sink with pot filler capability
    • Stainless self cleaning oven
    • Advantium oven (convection, microwave, speed cook and heating oven)
    • Professional cooktop w/ 6-burners
    • Stainless steel dishwasher with stainless tub
    • Counter depth refrigerator
    • Beverage refrigerator

    Chateau is also walking distance to the highly coveted Buchanan learning complex. All of the floorplans at Chateau are single story and range from 3 to 4 bedrooms, 2 and 3 car and 1,833sf to 2,194sf.

    Shantay Davies 559-994-6567 or www.lennar.com/fresno