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<div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">The real estate market in Fresno continues to be on the rise, which means there is more opportunity for all kinds of buyers to make a purchase.</font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2"> </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">According to Fresno Century 21 real estate agent Modesto Ayala, Millennials (which is the generation of people in their 20s and early 30s) are making up for a large percentage of the market. Ayala said he believes buying a home in Fresno is possible, even for those in their 20s.</font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2"> </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">Ayala said, "Fresno is a very affordable city."</font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2"> </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">On Thursday, Ayala showed us a Century 21 property for sale in Northwest Fresno. It’s a two-bedroom, two bathroom condominium off of Palm Avenue. The listing price is $240,000.</font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2"> </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">"Yes, I think a Millennial could get it. All they gotta do is just make about $45,000 and they should be able to get a $250,000 property," said Ayala. </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2"> </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">But, we asked, what if you don’t make $45,000 a year? Ayala said there are homes in Fresno as low as $100,000.</font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">He said, "I would say for something like that, you need to make somewhere like, $27,000 a year."</font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2"> </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">Ayala said he had just closed a deal with a 24-year old Fresno woman who purchased her first home in Clovis for $150,000. He said her monthly payment is approximately $1,1000. Ayala said the woman is a recent Fresno State graduate and an entry-level accountant making around $45,000 a year.</font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2"> </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">Ayala estimated that a third of his buyers in Fresno are Millennials. However, he admits that buying is not easy- that is why not everyone does it.</font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2"> </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">He said, "You gotta get a good job, save up, clean your credit, build up your credit, and save for the down payment and buy it."</font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2"> </font></div><div style="margin-top: 0px; margin-bottom: 0px;"><font size="2">But, he hopes young people know, the American dream is very much alive, and owning property is possible with hard work.</font></div><div style="margin-top: 0px; margin-bottom: 0px;"> </div></div>
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