Top 5 Reasons Now is a Great Time to Sell a Home in Fresno
We’ve compiled the top 5 reasons now is a great time to sell a home in Fresno. Because you may not know: the Fresno real estate market is finally looking up!
#5 Fresno homes sell higher.
U.S. News reports: over the past 10 years, Fresno homes sell higher than the national median home sale price. For instance, 2018 numbers reveal the median home sale price in Fresno was $260,733. The national median was $227,025.
#4 Back to back years of positive appreciation in Fresno.
Multiple sources reveal back to back years of positive appreciation in the Fresno housing market. Earlier this year, Fresno appreciation rates were up 4.28%. Higher appreciation is why now is a great time to sell a home in Fresno.
#3 Ultra low interest rates for home buyers, making now a great time to sell a home in Fresno.
Did you know buyers can get a loan with an interest rate as low as 2.750% APR? Additionally, buyers are armed with the latest mortgage and refinance interest rates because of websites like ConsumersAdvocate.org.
#2 Home buyers are more educated than ever.
Furthermore, they know now is a great time to buy a home in Fresno. Why? It’s actually for the same reasons now is a great time to sell a home in Fresno.
- Buyers can receive competitive interest rates and they know how to get them.
- The appreciate trends are expected to continue to rise. And who doesn’t want to buy a home expected to appreciate in value?
- When current buyers are ready to sell, they know they’ll most likely sell higher than the national median price.
- More people need housing.
#1 More people need housing, now, in Fresno.
Statistics show that the annual growth rate in Fresno last year was .79% and it’s the 5th largest city in California. The population density: 4667.88 people/mi², with a household density of 1555.25 people/mi².