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Quail Lake Home Values
Sell Your Clovis Home Category
February 25th, 2010
Quail Lake Home Values
Quail Lake Home Values
What’s your Quail Lake home worth?
Wondering what your Quail Lake home is worth? Wonder no more! With our Quail Lake Home Value Estimator you can learn the estimated value of your Quail Lake home in just seconds — FREE! You can also see sold homes and prices in any Quail Lake neighborhood, find out what your neighbor’s home is worth, and learn the current Quail Lake market trends.
Get the Quail Lake home values information you want – when you need it! Just fill out the form below and the Quail Lake Home Value Estimator tool will automatically be emailed to you.
FREE Quail Lake Home Values
February 18th, 2010
Clovis CA Home Values
Clovis CA Home Values – FREE!
Find the estimated value of any Clovis home in just seconds.
Wondering what your Clovis home is worth? Wonder no more! With our FREE Clovis Home Value Estimator you can learn the estimated value of your Clovis home in just seconds. You can also see sold homes and prices in any Clovis neighborhood, learn your neighborhood’s prices and market conditions, find out what your neighbor’s home is worth, and view the current Clovis market trends.
Get the Clovis CA home values information you want – when you need it! Just fill out the form below and the Clovis Home Value Estimator tool will automatically be emailed to you.
Clovis Home Value Estimator
February 13th, 2010
Clovis Homes Undervalued?
Clovis Home Values
In 2006, CNNMoney.com published a ranking of 299 U.S. housing markets to identify where home prices were most overvalued. Back then, at the height of the Clovis real estate market, little was undervalued. In fact, real estate was white-hot and Clovis home prices were at or near what came to be their peak values.
Now, 4 years after Clovis home prices reached their top values, CNNMoney looked at 330 metro areas to see what’s happened to home prices. The results for Fresno and Clovis may surprise you. Read the rest of this entry »
February 12th, 2010
4 Reasons to Sell Your Clovis Home Now
Selling a Home in Clovis
Selling a Clovis home in this down Clovis real estate market can seem like a challenge. But here’s 4 reasons why it’s actually a good time to sell your Clovis home:
- Sell low and buy low. Because all Clovis property values are down, the loss on the the home you sells is really only a paper loss because the next property you buy will be a bargain. When prices come back up in a few years, you may actually be in much better shape – with an even better investment.
- Down-payment help is widely available. While zero-down loans have disappeared, it is easy to find down-payment assistance. Just contact Kathy Tuck at iMortgage (559-284-4020) or Dru Scott at All-Access California (559-314-5363) and they’ll be able to tell you what down payment, mortgage programs, and mortgage rates are available.
- Uncle Sam is giving away money. If you buy a new home before April 31st, you could qualify for $6,500 move-up credit. Learn more.
- Good help is available. We specialize in selling Clovis homes. We have over 75 Clovis buyers looking for Clovis homes right now. We’ll get your home on the market and then line up a Clovis buyer to sell your Clovis home quickly and for the best possible price. Contact us.
Clovis Home Values
Thinking About Selling Your Clovis Home?
Sell it FAST & for the HIGHEST price!
Clovis Home Value Estimator
January 24th, 2010
Clovis Real Estate Market Data
If you’re looking to buy or sell a Clovis home in 2010 you undoubtedly have read or heard a lot about the Clovis real estate market. It’s no secret that Clovis homes have fallen in value over the past several years. So should you continue to wait to sell or buy a Clovis home, or is the worst over? Rather than give you our professional opinion this time, we thought we’d present you with some housing facts and let you be the judge.
Sold homes in Fresno County the last 5 years:
- 2010: ?
- 2009: 9,328
- 2008: 6,781
- 2007: 4,865
- 2006: 6,503
- 2005: 8,997
As the data above indicates, when the market was at its peak in 2005 — nearly 9000 homes were sold in Fresno County. Back then, if a Clovis home was listed it pretty much sold. Surprisingly, despite the recent real estate woes in Clovis and Fresno, in 2009 more homes were sold than when the market was at its peak. In fact, buying Clovis homes priced under $250,000 is increasingly difficult because of the competition from investors and other Clovis buyers (we wrote about this in our article: Clovis Foreclosures – Why They’re Selling So Fast). In other words, the number of sold Clovis homes in 2009 and Fresno County is overwhelming evidence that if Clovis homes are priced right, they will sell. What this data doesn’t show, however, is that while Clovis homes sales are strong, Clovis home prices continue to fall. Read the rest of this entry »
January 16th, 2010
Foreclosure Process for Clovis Homes
Overview of the Clovis Foreclosure Process
If you’re struggling to make your mortgage payments on your Clovis home, you’re not alone. One of the most important things you can do is understand the foreclosure process in Clovis. Here’s a brief overview of the foreclosure process for Clovis homes to help you do just that:
When you bought your Clovis home it probably involved a “deed of trust,” which by its legal definition involves 3 parties:
- Trustor (Clovis homeowner / borrower),
- Beneficiary (lender / bank), and
- Trustee (a neutral 3rd party receiving the right to foreclose).
The deed of trust usually includes a “power of sale” clause that gives the neutral 3rd party the legal right to enforce collection of the debt. Collection of the debt is ultimately enforced by lender / bank’s right to sell the Clovis home when the Clovis homeowner / borrower fails to make their mortgage payments.
In California, the time-line of non-judicial foreclosure begins when the trustee files a notice of default. This is a letter which is sent to the Clovis homeowner notifying him or her of their default of the loan. This notifies the Clovis owner of the intent of the lender / bank to follow through on their right to collect on the debt. The copy of the notice, which is recorded at the County Recorders Office in Fresno, is mailed to the Clovis home address. Recording of the notice of default occurs next and can take anywhere from 1 week to 3 or more months after a Clovis homeowner misses their first mortgage payment.
The next step is the filing of the Notice of Trustee’s Sale. No sooner than 90 days after the trustee records the Notice of Default, the Trustee must publish a notice of trustee’s sale in the Fresno Bee and simultaneously file that notice with the Fresno County recorder’s office. Then, no sooner than 20 days after the notice of trustee sale is filed, the Clovis home may be sold at public auction for the amount of the debt plus foreclosure costs. If no one bids at the auction, the lender / bank assumes ownership of the Clovis home and may sell it to recover their cash investment.
Clovis Foreclosure Help
If you’re struggling to make your mortgage payments, we strongly recommend that you consult an attorney and Clovis Realtor to discuss your options. Clovis foreclosures have a damaging effect on your credit for a period of at least seven years. The earlier you can address the situation, the better the overall result will be regardless of the outcome. We’re happy to address any real estate questions you may have if you’re facing a foreclosure. Just fill out the form below and we’ll point out what your options are and answer any questions you may have.
January 9th, 2010
Clovis Homes – Future Home Values
Now that 2009 is behind us, it’s time to look at 2010 and beyond for the value of Clovis homes.
The California Association of Realtors’ (CAR) has released its 2010 California Housing Market Forecast and projects the 2010 median home price in California will rise 3.3% to $280,000. In other words, if CAR is right, the median price of Clovis homes (which was $238,000 in 2009) will increase to $245,854. Why is CAR so optimistic?
- According to CAR’s Vice President and Chief Economist Leslie Appleton-Young, unlike the rest of the nation, home sales in California already bottomed out, and the median home price hit bottom last year in February.
- Over the last 40 years, CA homeowners who purchase and live in their home for at least 5 years, have averaged an annual rate of return of nearly 12%. That means a Clovis home purchased at today’s median price of $238,000 would be worth a whopping $739,191 in 10 years if CAR is right and the past repeats itself. Click here for a home appreciation calculator.
Clovis Homes
Have you been thinking about selling or buying a Clovis home? If so, click here to read the Top 5 reasons why 2010 is a great time to buy a Clovis home. If 2010 is the year you hope to sell or buy a Clovis home, let us know. Just fill out the form below and we’ll help you get started on reaching your home goals.
December 30th, 2009
Clovis Homes – 2009 Market Report
Clovis Homes 2009 Market Report
It’s been a topsy-turvy year in Clovis real estate. Clovis foreclosures and Clovis homes priced under $250,000 sold practically overnight, whereas homes $400,000 and above took months to sell (if they sold at all). Below is Clovis Real Estate’s Clovis Homes Annual Market Report for 2009. We suspect several Clovis home statistics may suprise you. Some even suprised us.
Clovis Homes Market Summary
The median Clovis home sold in 2009 looked like this:
- 3 bedroom 2 bath
- 1880 sq. ft.
- $239,900 (listing price)
- $238,000 (sales price)
- 47 days to sell
What was the most expensive Clovis home sold in 2009? A 6 bedroom, 7 bath, 9,195 sq. ft. Clovis luxury home that sold for $2.3 million. And what about the least expensive Clovis home sold in 2009? A 1 bedroom, 1 bath, 573 sq. ft. Clovis home that sold for $4,800.
Clovis Homes for Sale
The number of Clovis homes for sale compared to last year is up slightly. A year ago, there were 351 homes for sale in Clovis. Today, there are 371 Clovis homes for sale. How many Clovis homes will sell in 2010? If it’s anything like last year, it will be another banner year for Clovis home sales. A whopping 1335 Clovis homes were sold in 2009.
This is a bit of good news for both Clovis buyers and Clovis home sellers. There’s still an ample supply of Clovis homes for sale which means Clovis buyers are still in the driver’s seat and have plenty of Clovis homes to choose from. However, an average of 3.6 Clovis homes sold every day in 2009. In fact, if a Clovis home is priced well, it will sell – and very quickly. For example, 44% of Clovis homes sold within 30 days in 2009. That’s a positive sign if you’re thinking about selling your Clovis home. But if you don’t price your Clovis home correctly, your Clovis home will sit on the market and decrease in value very quickly. Overpriced Clovis homes don’t sell in any market, much less the current bargain-driven Clovis market.
Number of Days to Sell a Clovis Home in 2009
- 30 days or less: 44%
- 31 – 60 days: 19%
- 61 – 90 days: 11.75%
- 91 days + : 25%
Clovis Home Prices Drop in 2009
Not surprisingly, Clovis home prices have decreased 8.9% from a year ago, to a median Clovis home sales price of $238,000. 
It’s still too early to tell whether Clovis home prices have bottomed out. However, the worst appears to be behind us. Clovis home prices have increased month-to-month since early summer (e.g., prices increased 1.5% from September to October). Barring another collapse in the economy, we could see the first Clovis homes price gains in several years in mid-2010. Keep an eye on interest rates and the jobs report over the next several months, that data will go a long way in determining the status of the Clovis housing market.
Clovis Homes Sales Price – 2009 Month-by-Month 
Clovis Homes Selling Faster
Clovis homes are starting to sell faster. On average, 63% of Clovis homes sold within 60 days. Bargain-priced Clovis homes sold even faster. For example, most Clovis foreclosures sold in just a few days as buyers and investors swarmed over these bargain-priced homes. There’s no reason to suspect it will be any different in 2010.
2010 Clovis buyers can learn this from 2009 buyers: Clovis foreclosures and any Clovis home priced under $250,000 will typically receive multiple-offers (some as many as 15 to 20 offers). In fact, Clovis home buyers looking in this price range should expect to pay the asking price or slightly above the listing price since there are so many buyers in this price point. You can still get a bargain-priced Clovis home, just don’t expect to buy a Clovis home priced $250,000 for less for less than the asking price.
Clovis Homes in 2010
There are currently 371 Clovis homes for sale, including 878 Clovis homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The current average listing price for Clovis homes is $377,444.
If you would like to receive an automated email of all 2010 Clovis foreclosures, just fill out the form below. We’ll send you all current Clovis foreclosures and then automatically email you any new Clovis home that comes on the market so you can start your 2010 Clovis home search off right. You can also learn how to buy a Clovis foreclosure here or read our Clovis foreclosure tips (not every Clovis foreclosure is a good deal).
FREE List Clovis Foreclosures!
Clovis Homes Market Summary
Until Clovis home prices begin to increase again, it’s still a Clovis buyer’s market. Nothing indicates this will change in the first few months of 2010. Plus, banks are still holding onto a number of foreclosed Clovis homes and depending on when (and if) they release them, the Clovis real estate market will remain soft.
What does all of this mean to you? If you’re thinking of buying a Clovis home in 2010, low prices, great interest rates, and thousands of dollars in tax incentives still make this a great time to buy. If find a Clovis home you love and it’s well-priced, our advice is to buy. Clovis home prices and interest rates are expected to increase in 2010. So don’t wait too long and miss out on what some experts are calling the best time to buy a Clovis home in the past 20 years.
Selling your Clovis home is still a challenge, but if it’s priced right and marketed well there are plenty of Clovis buyers out there. The 1335 sold Clovis homes last year proves that.
If 2010 is the year you hope to sell or buy a Clovis home, let us know. We’ll help you reach your home goals.
Clovis Realtors
Real estate information is only good if you know how to use it to your advantage. At Clovis Real Estate we not only know the Clovis housing market data, we know how to make it work for you. Whether you’re buying or selling your Clovis home, let us help you get the best possible price on a Clovis home. We’re not just any Clovis Realtor, we’re Clovis Experts. Just fill out the form below and let us help you reach your Clovis housing goals.
December 21st, 2009
Clovis Real Estate
10 Reasons Why Clovis Real Estate is the Clovis Home Experts
At Clovis Real Estate, we focus all of our energy and talent on doing one thing — so we can do it better than anyone else. What is it we do? We specialize in helping people sell and buy Clovis homes. We focus exclusively on Clovis this so we know the community, schools, and homes better than anyone else. That’s not all, here are 10 more benefits of choosing Clovis Real Estate as your Clovis Realtor.
10 Benefits of Clovis Real Estate
1. Clovis homes for sale – search EVERY Clovis home for sale on the MLS. If your Clovis home is out there – you’ll find it on our website! Try our new cell phone app!
2. Clovis market reports and news - we provide updates and news of the Clovis real estate market so you have your finger on the pulse of the Clovis real estate market. View a sample report.
3. Clovis foreclosures – searching for a Clovis foreclosure? We provide our clients with a list of every Clovis foreclosure for sale. We’ll even email you when a new Clovis foreclosure comes on the market.
4. Clovis homes in the Clovis Unified School District (CUSD) – if Clovis schools are important to you, you’ve come to the right place. You can search for Clovis homes near any Clovis elementary, middle, or high school or the entire CUSD. Click here to search for homes near any Clovis school.
5. Clovis short sales – whether you’re thinking about buying or selling your Clovis home as a short sale, we provide all of the information you need. View a Clovis short sale primer here.
6. Expert Negotiators. When buying a Clovis home, we not only help you sort through the hundreds of Clovis homes on the market and find the Clovis home that’s right for you, we’re tough, expert negotiators so you get the very best price on your Clovis home.
7. Sell your Clovis home – if you want to sell your Clovis home we provide everything from a free Clovis home valuation to determine what your Clovis home is worth, to listing your home and selling it for top dollar. Find our what your home is worth here.
8. Clovis condos – looking for a Clovis condo or townhouse? We’ll send you every Clovis condo that meets your criteria. Click here for a beginners guide to Clovis Condos.
9. Clovis family homes – if you need a family home we’ll help you find a great neighborhood, excellent schools, and home that fits your family’s needs.
10. New Construction – thinking about building your own Clovis home or buying new construction? Let us know! We’ll help you find everything from the perfect lot, builder, and even a local architect.
Clovis Real Estate
At Clovis Real Estate, we mean it when we say we specialize in Clovis homes. Every day we help people sell or buy a Clovis home at the very best possible price. If you’re ready for exceptional service, dedicated staff, and a team of Clovis home experts, just fill out the form below and let us help you with your real estate needs.
Clovis Real Estate – “You’ll Love It Here!”
November 20th, 2009
Clovis Real Estate – Is the Worst Over?
There’s been a lot of talk recently where the Clovis real estate market heads next. We thought we’d share with you some interesting data on Clovis homes compared to the Fresno metropolitan area and let you decide for yourself. Have we hit bottom yet? Read on and we’ll then give you our opinion.
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