Media Coverage

Visalia Delta-Times: “Low interest rates strengthen Tulare County home sales”

Categories: Media Coverage | Posted: May 12, 2017 | Comments Off on Visalia Delta-Times: “Low interest rates strengthen Tulare County home sales”

By Mike Allen, Real Estate 6:05 a.m. PT May 12, 2017        

April home sales in Visalia, Tulare, and Porterville continued strong according to the Tulare County Multiple Listing Service.

There were 376 closed sales in the County during the month or April 2017 which compares with a total closing of 329 home sales in April 2016. Read the rest of this entry »

The Fresno Bee: “San Joaquin Valley Homes plans to open three new communities this year”

Categories: Media Coverage | Posted: March 15, 2017 | Comments Off on The Fresno Bee: “San Joaquin Valley Homes plans to open three new communities this year”

Real Estate Blog March 15, 2017 9:21 AM

Sedona at Palo Verde

San Joaquin Valley Homes plans to open at least three new communities this year after ending 2016 on a strong note with a 25 percent increase in the number of houses closed compared to the year before.

Founded in 2013 by Joe Leal, Randy Merrill and Jim Robinson, SJV Homes is shooting to build its 1,000th house by the end of this year. New communities would include the 113-home Chandler Park in Hanford opening in June; Chelsea West, an 81-home neighborhood, in Visalia; and a high-density, single-family project with 51 home sites in Visalia.

“As we enter our fourth year building beautiful single-family homes in the San Joaquin Valley market, we are thrilled with our continued success,” Leal said in a news release.

Last year, the builder opened three communities: Sedona with 53 single-family homes in east Tulare; 87 homes at Viscaya in Dinuba; and Pine River Estates, a 37-acre community with 144 houses in Visalia.

The company sold 305 homes in 2016. It built and closed escrow on 297 homes, up from 237 houses closed in 2015.

BoNhia Lee: 559-441-6495, @bonhialee

 

StreetInsider.com: “San Joaquin Valley Homes Closes 297 Residences in 2016, a 25% Increase Over 2015”

Categories: Media Coverage | Posted: March 13, 2017 | Comments Off on StreetInsider.com: “San Joaquin Valley Homes Closes 297 Residences in 2016, a 25% Increase Over 2015”

Local Homebuilder Opens Three Projects and Sells 305 Homes in 2016

February 28, 2017 2:26 PM EST

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Hanford Sentinel: “Home builder plants 3rd, 4th subdivision”

Categories: Media Coverage | Posted: January 27, 2017 | Comments Off on Hanford Sentinel: “Home builder plants 3rd, 4th subdivision”

Kings County Business Pulse

Jan 27, 2017    By John Lindt

Fast growing San Joaquin Valley Homes is working on a third and fourth new home subdivision in Hanford this new year. Banking on future growth, the Visalia-based builder is promoting an annexation of 80 acres on Fargo between 11th and 13th Avenues. The project will be coming to the city planning commission in the next few months. According to the application, about 40 acres of the new development will be earmarked for 127 new single family homes as well as a park and storm basin. The remaining acreage, another project, will be zoned for future residential as well.

San Joaquin Valley Homes spokesperson Lisa Walker says firm details on the new developments are to available yet. “It’s early in our entitlement process,” she says.

Just last November, the homebuilder broke ground on their second subdivision in town – at 12th and Hume where they will build 115 homes.

Their original Hanford project called Hartley Grove, launched in 2013 with 182 home sites, surfaced as Kings County was just coming out of the housing bust. Homes here start at $219,000.

Today Kings County is considered the most affordable county in California, where 56 percent of the population is able to buy a median priced home. Statewide, the median average is $516,000 with just 31 percent of residents able to afford a home.

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Hanford Sentinel: “New builder comes to Hanford”

Categories: Media Coverage | Posted: January 19, 2017 | Comments Off on Hanford Sentinel: “New builder comes to Hanford”

Kings County Business Pulse

Jan 19, 2017  By John Lindt

“Hanford is experiencing a housing boom” says the city’s top building official – Tom Webb. “We keep track on a fiscal year basis, and we estimated that from July 2016 to July 2017 we would be around 250 new home permits. It turns out at the half year mark as of Jan. 1, we have already permitted 218 homes.”

Webb says some builders may have moved up their applications because user fees rose as of January but activity is brisk, nevertheless.

City figures show a rising construction tide as Hanford permitted 163 new homes in 2014/15 and 225 in 2015/16. This year could be over 300.

Kings County’s busiest builder is Lennar followed by Woodside Homes, San Joaquin Valley Homes and Wathen Castanos Hybrid Homes followed by Blue Mountain Construction.

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Visalia Times-Delta: “Construction permits up in Visalia, Tulare”

Categories: Media Coverage | Posted: December 30, 2016 | Comments Off on Visalia Times-Delta: “Construction permits up in Visalia, Tulare”

By Luis Hernandez  1:31 p.m. PST December 30, 2016

Construction permits for 2016 in the county’s two largest cities will likely be up compared to 2015 totals.

With December totals yet to be added, the number of permits on most key categories issued in 2016 has matched or increased those from 2015.

In Visalia, the number of permits for multi-family residential projects, additions or alterations, commercial building and miscellaneous is up.

The lone key statistic down is for new single-family homes. However, when the December numbers are added, the single-family permits are expected to rise past 2015’s total.

“It was good, strong development,” said Adam Peck, chairman of the Visalia Planning Commission. “We have had good, steady development that’s sustainable for a city our size. It’s definitely steady.”

In Tulare, permits for single-family homes and multi-family projects are up as well as commercial additions, repairs, and alterations.

Permits for new commercial and demolitions are lower in 2016, but missing the December request. Read the rest of this entry »

The Business Journal: “San Joaquin Valley Homes models to open in Visalia Dec. 17”

Categories: Media Coverage | Posted: December 7, 2016 | Comments Off on The Business Journal: “San Joaquin Valley Homes models to open in Visalia Dec. 17”

Published on 12/07/2016 – 12:32 pm

Written by Business Journal staff

Local homebuilder San Joaquin Valley Homes (SJV Homes) has announced its model homes at Visalia’s Pine River Estates are set to open Dec. 17.

Pine River Estates is a 37-acre community offering 144 single-family homes located on Virmargo Street between St. John’s Parkway and Houston Avenue. The development is located with quick access to Rawhide Stadium, downtown Visalia and major employers, including Kaweah Delta District Hospital, College of the Sequoias and CIGNA Healthcare. St. John’s River Trail is also right across the street from the community. Read the rest of this entry »

The Business Journal: “Tulare County economic forecast: Construction, manufacturing in full swing”

Categories: Media Coverage | Posted: November 23, 2016 | Comments Off on The Business Journal: “Tulare County economic forecast: Construction, manufacturing in full swing”

Published on 11/23/2016 – 10:38 am

Written by Ben Keller

bizjournal-tulare

Anticipation is high in Tulare County after a year of steady growth in the economy.

Perhaps the most telling indicator lies in the housing market. By September, home sales were up 8.5 percent in Tulare County compared to the year before, according to the California Association of Realtors, while home prices jumped nearly 11 percent. The organization also forecasts existing home sales to increase 2.2 percent throughout the Central Valley next year.

While new homes are still in short supply, there is reason to believe residential construction is coming around.

San Joaquin Valley Homes, for instance, recently cut the ribbon on its 84-home Viscaya development in Dinuba and is also working on another 144-home subdivision in Visalia called Pine River Estates.

The city is on track to award 650 residential building permits in 2016 compared to 615 the year before. Read the rest of this entry »

Yahoo! Finance: “San Joaquin Valley Homes to Hold Grand Opening at Viscaya, Offering 84 Single-Family Homes in Dinuba, on November 12”

Categories: Media Coverage | Posted: November 10, 2016 | Comments Off on Yahoo! Finance: “San Joaquin Valley Homes to Hold Grand Opening at Viscaya, Offering 84 Single-Family Homes in Dinuba, on November 12”

DINUBA, CA–Local homebuilder San Joaquin Valley Homes (SJV Homes) will hold a grand opening at the last parcel in Viscaya, a master-planned community offering 84 single-family homes at affordable prices.

Model homes will be open for viewing at Saginaw Avenue and Euclid Avenue in Dinuba, on November 12 from 10 a.m. to 5 p.m. The Safari Restaurant will provide lunch from 11:30 a.m. to 2 p.m. and drawings will be held to win a 50-inch flat-screen television and an Xbox One. Special financial incentives that can be applied to design options and closing costs also will be available to buyers.

Viscaya offers four floor plans with Mediterranean, Tuscan and Craftsman exteriors ranging in size from 1,443 to 1,872 square feet. The diverse open floor plans are filled with popular amenities and designed to fit a variety of lifestyles and families with both three- and four-bedrooms available. The homes are on spacious lots averaging 7,000 square feet, with some as large as 11,877 square feet. Read the rest of this entry »

Hanford Sentinel: “Kings County: Taking the business pulse”

Categories: Media Coverage | Posted: November 9, 2016 | Comments Off on Hanford Sentinel: “Kings County: Taking the business pulse”

November 9, 2016

John Lindt

John Lindt

Latest almond nursery sales report from the U.S. Department of Agriculture shows no slowdown in plantings with 108,000 acres of almond trees planted in the Valley from June 2015 through May 2016. Of that 71 percent were new orchards with the rest replaced existing almond orchards.

These latest numbers are up from last year at 96,000 acres and 67,000 acres between 2013-2014. The report also details that almond prices fell in 2015 to an average of $2.84 per pound from $4 the year before. In another report USDA’s National Agricultural Statistics Service forecasts that California’s 900,000 acres of bearing almond trees will produce 2.05 billion pounds of nuts this year. That’s a 7.9 percent jump from the year before.

Walnut prices: Meanwhile a USDA report says walnut prices fell to 84 cents a pound in 2015 compared to $1.62 a pound the year before and $1.82 the year before that. Expansion in the walnut industry here continues as seen by construction of a new $1.2 million walnut dehydrator building by John Hamar Farms.

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