We got hit hard with the housing crash... which i'll be damned if I'm going to complain about... (even though I should since my mothers doing real estate in her retired years). The city was just expanding like nobody's business, the airports smack dab in the middle of the city! The city neighboring us, Clovis, just got engulfed by Fresno. There is tons of "cheap" housing now; some houses are going for 40% of their price just a couple years ago. I don't think you can find a +$400k house anymore unless you really really hunt for it. I found it funny when a couple years ago you'd see these developer's billboards with... "McGraw Estates, low $350ks" for those big tract housing areas... you know. Now they're high $190's. Economically, i don't really know. There isn't anymore massive expansion going on but with a few notable exceptions, no one's really having to close up shop. So anecdotal evidence suggests its not too bad... then again how much do i get out these days?
