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Care to comment on the Fresno/Clovis housing market, do you believe it will continue to go down?

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July 01 2010 - Fresno
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While property values had decreased in some cases over 50% since its peak, values have actually increased 3 to 5% over the past year in most areas.  In my opinion we will see the home values once again start to depreciate for the next 3 to 12 months but then I would expect homes to start a strong appreciation or inflation cycle.
Remember that the interst rates are at all time lows and if you are needing to finance a home even if values go down some it would still be wise to buy now.  If your paying cash I would wait.
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July 06 2010
 
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