Clovis Real Estate News: 2009

The latest foreclosure report is out and it doesn't look good for Clovis foreclosures. RealtyTrac just released its third quarter California foreclosure report. We'll tell you what this means for Clovis homes, particularly if you're interested in buying a Clovis foreclosure.

Foreclosures Increasing

According to RealtyTrac, foreclosures filings (default notices, scheduled auctions and bank repossessions) set a new quarterly record, up 23% in the third quarter from 2008. Instead of shrinking from the last quarter like many had hoped, there was a 5% increase in filings from the last quarter. In fact, 1 in every 136 U.S. housing units received a foreclosure filing — the highest quarterly foreclosure rate since RealtyTrac began issuing its report in 2005.

Believe it or not, some have actually tried to spin the foreclosure report toward the positive. Yes, September did post a 4% decrease in foreclosure filings from August. But let's put that in perspective. It's still a 29% increase from from September 2008. And despite the monthly decrease, September’s total was still the third highest monthly total since the RealtyTrac report began, behind only July and August of this year. We don't see how anyone could find much of a positive in that.

California Foreclosures

California, Florida, Arizona, Nevada, Illinois and Michigan accounted for 62% of the nation’s total foreclosure activity in the third quarter, with California accounting for nearly 27% of the nation’s total. While CA's foreclosure activity decreased about 2% this past quarter thanks to a 10% drop in default notices, scheduled auctions increased 4% and REOs increased 12% from the previous quarter. That signals more bad news in the near future for California foreclosures.

Clovis Foreclosures

There continues to be a large supply of Clovis foreclosures on the market. Although Clovis foreclosures sell very quickly, once a foreclosure is sold, it's replaced with another one in waiting. Here's why. According to RealtyTrac, there are 1,264 distressed Clovis homes which looks like this:

Bank owned Clovis homes: 379
Clovis houses up for auction: 363
Clovis home defaults: 522
Clovis foreclosures for sale: 39

Get Clovis Foreclosures Automatically

You can search all Clovis foreclosures for sale here or we can send you foreclosures in Clovis as soon as they come on the market. Just sign up for our automated email here. 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).

Clovis Real Estate

Contact us if you’re thinking about buying a Clovis foreclosure. We’re Clovis Experts. At Clovis Real Estate, we’re Clovis Realtors who specialize in Clovis homes for sale. Everyday we help clients get exceptional value for their money and find the best neighborhood and Clovis home for the lowest price possible. Click here to learn more about our client benefits. Let’s go house-hunting!

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Saturday, October 24, 2009

Clovis Unified School District Homes

Clovis Unified School District Homes for Sale

Homes within the Clovis Unified School District (CUSD) are considered some of the most popular places to live in Clovis. Keep in mind that not all homes within the Clovis city limits are part of CUSD, so it’s important to know which homes are, and aren’t, within the CUSD if Clovis schools are important to you.

There are five public Clovis High Schools within the CUSD: Buchanan, Clovis, Clovis East, Clovis North, and Clovis West.

There is a wide variety of Clovis homes for sale in the CUSD. Home prices range from around $180,000 on up. Click here to view the latest listings of homes for sale in the CUSD. However, remember sellers sometimes get the schools wrong so make sure you verify all school information through your Realtor. We’re happy to do this for our clients. Why not become a client today?
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Free Clovis Real Estate Advice

Free Clovis Real Estate Advice

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Friday, October 23, 2009

Clovis Home Prices Ready to Decline?

Clovis Home Prices Ready to Decline?

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Clovis Short Sales

Clovis Short Sales – The 3 Step Process

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Wednesday, October 21, 2009

Homes Near Clovis North High School

Clovis North High School

The Clovis North Educational Center opened in 2007 and is the newest of the 5 public Schools within the Clovis Unified School District. Students can attend elementary all the way through College at the educational center.

Clovis North High School has 119 classrooms and state-of-the-art facilities, (there are two gymnasiums, a library, computer lab, lecture hall, weight room, 750 seat Clovis Unified Performing Arts Center, and two 50-meter swimming pools).

Clovis North Homes for Sale

Located in the rapidly expanding northern section of Clovis, Clovis North High is one of the most sought after high schools in Fresno County. Most of the Clovis North homes for sale are new or newer construction. Home prices range from around $200,000 on up.

Click here to view the latest listings for Clovis North High School. However, remember sellers sometimes get the schools wrong so make sure you verify all school information through your Realtor. We’re happy to do this for our clients. Why not become a client today?
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Clovis Homes Near Clovis High School

Clovis High School

Clovis High School is 1 of 5 public Clovis High Schools within the Clovis Unified School District. It is the only 3-time California State Distinguished School and 2-time National Blue Ribbon School. Over 90% of all students routinely graduate from Clovis High. To view Clovis’ 2009 API test scores, click here.

Clovis High School Homes for Sale

Located in the heart of Clovis, Clovis High is a popular high school in Fresno County. There are a variety of Clovis High School homes for sale. Home prices range from around $180,000 on up.

Click here to view the latest Buchanan home listings. However, remember sellers sometimes get the schools wrong so make sure you verify all school information through your Realtor. We’re happy to do this for our clients. Why not become a client today?
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Clovis Homes Near Clovis East High School

Clovis Homes Near Clovis East High School

Clovis East High School

Clovis is expanding to the north and also to the east. Clovis East High School lies within the Clovis East Educational Center and the new development called Loma Vista, a planned Clovis community. The Clovis East Educational Center is a $125 million campus project situated on a 145 acre site. It consists of Reagan Elementary, Reyburn Intermediate, and Clovis East high school.

Clovis East High School is one of five public Clovis High Schools within the Clovis Unified School District. Clovis East recently received the prestigious Blue Ribbon School award, a national recognition program for the U.S. Department of Education. To view Clovis East’s 2009 API test scores, click here.

Clovis East Homes for Sale

There are a variety of Clovis East homes for sale, much of it is new or newer construction. Home prices range from around $180,000 on up.

Click here to view the latest Clovis East home listings. However, remember sellers sometimes get the schools wrong so make sure you verify all school information through your Realtor. We’re happy to do this for our clients. Why not become a client today?
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Homes Near Clovis West High School

Clovis West High School is unique in that it is located in Fresno. Academically and athletically it has won a number of prestigious awards. For example, since 2009, Clovis West has won the Conference Supremacy Trophy for Athletics 23 of the last 26 years. Also in 2009, Clovis West high students received $2 million dollars in scholarships and 98% passed the California High School Exit Exam.

Clovis West is 1 of 5 public Clovis High Schools within the Clovis Unified School District. Located in northeast Fresno, Clovis West High is one of the most sought after high schools in Fresno County.

Clovis West Homes for Sale

Homes within the Clovis West High School district are found in both Clovis and northeast Fresno. Historically, Clovis West homes are very popular because they offer the best of Clovis schools, outstanding shopping, parks, and mature areas. There is a wide variety of homes for sale near Clovis West. Home prices range from around $200,000 on up.

Click here to view the latest Clovis West home listings. However, remember sellers sometimes get the schools wrong so make sure you verify all school information through your Realtor. We’re happy to do this for our clients. Why not become a client today?
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Clovis Homes Near Buchanan High School

Clovis Homes Near Buchanan High School

Buchanan High School Homes for Sale

Buchanan High School is one of five public Clovis High Schools within the Clovis Unified School District. Located in the northeast section of Clovis, Buchanan High is one of the most sought after high schools in Fresno County. In 2009, Buchanan was awarded the prestigious California State Distinguished School Award. Of it's 686 graduates in 2008, 93% went on to college or some form of technical school, including Harvard, Stanford, the University of California and the California State University systems to name a few.

Buchanan Homes for Sale

The Buchanan high school district is considered one of the more prestigious places to live in Clovis. There is a wide variety of Clovis homes for sale near Buchanan. Home prices range from around mid $200's on up.

Click here to see the latest Buchanan home listings. However, remember sellers sometimes get the schools wrong so make sure you verify all school information through your Realtor. We're happy to do this for our clients. Why not become a client today?
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Tuesday, October 20, 2009

Clovis Foreclosures

Clovis Foreclosures

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Clovis First Time Home Buyer Tips

Clovis First Time Home Buyer Tips

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Monday, October 19, 2009

Clovis Condos

Clovis, CA offers a number of great housing choices, including Clovis condos. If you’ve been thinking about or are actively searching for a Clovis condo, you’ve come to the right place. Here’s some helpful information on condos in Clovis.

Clovis Condos for Sale

When searching for a condo in Clovis, keep in mind that Clovis isn’t the condo mecca of the world. In fact, there’s currently only a handful of Clovis condos for sale on the market (contact us and we’ll email you all of the current condo listings). But that doesn’t mean you can’t find a condo or great place to live!

Instead of condos, Clovis offers young professionals and those searching for affordable housing a number of European style communities, such as European Park. These communities offer all of the amenities and luxuries of a condo, with the feel of a European lifestyle AND a Clovis home all rolled into one. Best of all, you can live in one of these popular communities at a fraction of the price.
Whether you’re looking for a small 2 bedroom, 2 bath Clovis condo or a family-size 4 bedroom condo, Clovis has just about anything you could want. Clovis Condos and the European community homes range from 1000 – 2600 sq. ft. and are priced from the $100,000’s – $225,000 depending on the location, size, and amenities you’re seeking.

Clovis Real Estate

Let us know if you’re thinking about selling or buying a Clovis condo. We’re Clovis Real Estate Experts. As Clovis Realtors we specialize in Clovis homes. Everyday we help clients get exceptional value for their money and find the best neighborhood and Clovis home for the lowest price possible. Learn more about our client benefits.

Saturday, October 17, 2009

Clovis Hospital Expanding

New $285 Million Project

The Clovis Community Medical Center has been a top-rated health care provider in Clovis for years. It’s now going to provide even more services. The Medical Center recently completed a 22,50 sq. ft. addition and renovation to the outpatient care center to meet the needs of the growing Clovis community and region. The hospital now provides the most advanced fertility center between Los Angeles and Sacramento.
Now Clovis hospital is set to improve again. This time, the 4 year, $285 million renovation and expansion will triple its size, officials said. The expansion calls for a five-story tower, a special-care nursery, new parking structure and a women’s pavilion. Click here to watch read more and watch a video on the new expansion.

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Clovis Homes

Clovis Homes and Clovis Foreclosure Update

Clovis homes are selling well (read the California Association of Realtors report here) and the Clovis real estate market continues to make its way though its glut of Clovis foreclosures. If you’re selling or buying a Clovis home, here’s the most recent market update:

Clovis Homes

Clovis, CA Homes for Sale: 344 (up from 246 in August, 2009):
•Median Listing Price: $315,450
•Median Size: 4 bed / 2.5 bath / 2218 sq. ft.
•Price sq. ft: $142 sq. ft.
•Days on Market: 53 days

Is now a good time to buy a Clovis home? Find out here.

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Thursday, October 15, 2009

Clovis Real Estate Market Heating Up?

Clovis Builders Buying Up Vacant Lots Again

The Clovis real estate market is back on the front pages of the Fresno Bee. This time, the Fresno Bee is reporting good news. Clovis builders are buying up vacant lots, another sign the Clovis housing market is warming up. We’ll tell you why Clovis builders buying new land is a sign the spring Clovis real estate market may be ready for a big comeback.

New Home Sales at Historical Lows

There rest of CA isn’t seeing positive signs in new home construction. In fact, new home sales in CA are currently at historical lows. According to the California Building Industry Association (CBIA), things could be a lot better in the building industry. “While there are some encouraging signs in California housing markets, activity remains low,” said CBIA President and CEO Liz Snow. “These reports are evidence that housing markets remain depressed and continue to hamper a broader economic recovery in California.” Read more here. But Fresno and Clovis seem to be ahead of the curve and the rest of California. Find out why.

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Wednesday, October 14, 2009

Cutting Edge Fresno State Real Estate Center

California State University, Fresno (Fresno State) offers a hidden gem for those seeking the latest real estate news. The Gazarian Real Estate Center, housed in the Craig School of Business, provides a wealth of information on trends in commercial, retail, office, residential and investment markets; land use planning; and conducts research in residential housing, commercial real estate and real estate financial assets. In addition, the Gazarian Center sponsors conferences, seminars and workshops in real estate and land use. For example, in September we attended the National Residential Economic Report Conference which forecast the real estate market nationally and for Fresno / Clovis. We walked away with a wealth of information that we then passed on to our clients. Read More...