San Joaquin Valley Homes Blog

Blog Archive for October, 2016

Top-Rated Eats You Have to Try Around Your New Visalia Home

Categories: SJV Homes Blog | Posted: October 31, 2016 | Comments Off on Top-Rated Eats You Have to Try Around Your New Visalia Home

Homemade Hamburger with Fresh Vegetables and French Fries

When you’re asked to name California cities with great food, you’d probably mention San Francisco, Los Angeles or San Diego. But you don’t have to give up good eats just because you’re buying one of our Visalia new homes. The following are some food havens to try nearby, as voted by the users of TripAdvisor. Check them out and let us know what you think.

The Vintage Press
Providing an elegant experience among stained-glass lamps and wood paneling, The Vintage Press has been serving deliciousness downtown since 1966. Its wine list is one of the best in the world, says the Wine Spectator, while Fodor’s calls this institution “the best restaurant in the Central Valley. Go with a hearty standard like Grilled Rib Eye Steak with herb butter, something more exotic like Crispy Veal Sweetbread in port wine and jalapeño, or pistachio-crusted King Salmon.

For a behind-the-scenes look at what goes into each dish, visit the monthly Recipe Club events for lunch or dinner. Chef David Vartanian demonstrates how he prepares a special dish and takes your questions as you dine on the results. Read the rest of this entry »

Tips for Moving with Older Adults to a San Joaquin Valley Home

Categories: SJV Homes Blog | Posted: October 24, 2016 | Comments Off on Tips for Moving with Older Adults to a San Joaquin Valley Home

Happy Senior Couple From Behind Looking at Front of House.

Many older adults embrace the changes that mark the different stages of life. This can include moving in with younger family members or downsizing to one of our convenient San Joaquin Valley homes. We’re diplomatically not assigning an age to an “older adult,” but perhaps you have one or more in your family or are part of that demographic yourself. For this segment of the population, moving can be particularly stressful, especially from an area that has been home for decades. The following are a few tips to minimize issues while upping the excitement that new digs can bring.

Choices
Nobody likes to lose control by being told what to do. Bring your parents into the home-buying and moving process as soon as you can, so they become willing team members. Ask their opinion on potential housing choices, what bedroom in the new homes they would prefer, or what decor to put in their new room. Ask them what it was like when they moved into their first home and whether they have any advice. Read the rest of this entry »

The Business Journal: “Amid slow-but-steady recovery, Valley builders waiting to shift into higher gear”

Categories: Media Coverage | Posted: October 20, 2016 | Comments Off on The Business Journal: “Amid slow-but-steady recovery, Valley builders waiting to shift into higher gear”

Published on 10/20/2016

Written by George Lurie

Fool me once, shame on you. Fool me twice, shame on me.

That seems to be the sentiment lately among Valley homebuilders as many appear hesitant to shift into a higher gear construction-wise, especially after getting burned holding neighborhoods of excess inventory less than a decade ago during the Great Recession.

After the Valley’s housing market peaked in 2005 — and then was hit by the fallout caused by the financial crisis, the median sales price of residential real estate fell by nearly 50 percent.

A slow, but steady recovery that took hold beginning in 2012 has re-inflated the market to some degree, but as of the beginning of Q4 2016, Valley housing prices remain about 21 percent below their pre-recession peak. Read the rest of this entry »

SAN JOAQUIN VALLEY HOMES AND PRESIDIO RESIDENTIAL CAPITAL CLOSES ON 18 ACRES IN VISALIA, CALIF.

Categories: Press Releases | Posted: October 20, 2016 | Comments Off on SAN JOAQUIN VALLEY HOMES AND PRESIDIO RESIDENTIAL CAPITAL CLOSES ON 18 ACRES IN VISALIA, CALIF.

SJVHomes logo

Local Home Developer to Build Chelsea West, Offering 80 Single-Family Homes  

VISALIA, Calif.San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital have closed on 18 acres at East Monte Vista Avenue and Santa Fe St. in Visalia and will build Chelsea West, a new neighborhood offering 80 single-family homes. Chelsea West will break ground in November 2016. The retail value of this development is expected to exceed $22 million.

“SJV Homes is honored to provide quality homes for friends and neighbors in our home town of Visalia,” said Joe Leal, co-founder for Visalia-based SJV Homes. “We’re proud to be a local builder, and we continue to take care of our clients for years after they’re in their new homes.”

Chelsea West will offer five different home plans (up to 13,000-square-foot lots) with two- and three-car garages, tile roofs, covered front porches and private fenced rear and side yards. The homes will have luxury finishes, including granite countertops, beech cabinetry with brushed nickel hardware and stainless steel appliances.

This new development is conveniently located to Packwood Creek shopping, Highway 198 linking directly to Hanford, I-5 and SR 99, which accesses Fresno and Bakersfield.

This is the homebuilder’s 12th project with Presidio, a San Diego-based real estate investment company that funds 100 percent of the projects and operations of SJV Homes.

SJV Homes has six other neighborhoods open for sale with a total of 776 units in the Central Valley region and two properties located in Tulare County with a total of 228 units opening soon. The home builder plans on breaking ground in November 2016 on Chandler Park, which will offer 115 homes in Hanford, Calif.

According to the National Association of Home Builders’ formula to determine the local impact of single-family housing in typical metro areas, adding 80 single-family homes will generate $2.3 million in local income, $2.9 million in taxes and other revenue for local governments and 319 local jobs.

About SJV Homes

Deeply rooted in residential construction, the founders of Visalia, California-based San Joaquin Valley Homes have built thousands of quality homes and attractive neighborhoods for Central Valley residents. Founders Joe Leal, Jim Robinson and Randy Merrill share a vision of delivering excellence through every level of building, delivering wonderful homes in great neighborhoods. In 2013, SJV Homes combined forces with Presidio Residential Capital, a real estate investment company based in San Diego. www.sjvhomes.com

 About Presidio

Presidio Residential Capital is a real estate investment company focused on the residential housing sector. Headquartered in San Diego, Calif., the firm provides capital for the entitlement, development and build-out of for-sale residential projects throughout the Western United States. Presidio has infused more than $650 million into the economy to capitalize the housing industry. The firm’s goal is to fund an additional $250 million in capital for home-building projects in the Western United States, and it currently has investments in Arizona, California, Nevada, Colorado and Washington. The firm is affiliated with a privately held registered investment advisor specializing in alternative investment strategies who has a long history of investing in the home-building sector. Current assets under management total more than $2 billion. Presidio is a member of the Building Industry Association of San Diego. Online and social media: www.presidioresidential.com, Facebook, Twitter and LinkedIn.  

 

 

 

Upcoming Events You Must Attend in the Central Valley

Categories: SJV Homes Blog | Posted: October 17, 2016 | Comments Off on Upcoming Events You Must Attend in the Central Valley

dressed staffordshire bull terrier and chihuahua

Whether you’re just thinking about buying a house or are already moved in, you and your family will find a lot to do once you step outside one of our homes for sale in the Central Valley. Here are just a few of the top upcoming events near our communities:

Dinuba Dog Days/Bark For Life (Oct. 22)
Celebrate our four-legged friends at the Dinuba Dog Days/Bark for Life at Nebraska Park in Dinuba. The event is sponsored by the Lion’s Club and the American Cancer Society, among others. Register the family pet for only $10 and you can participate in obedience lessons, the dog parade, a raffle, and such contests as Dog/Owner Look Alike, Doggie Musical Chairs, and Best Costume. Hot dogs and a drink are included. Make sure your pooch is on a leash and wear purple to support cancer awareness. Vaccinations, micro chips, and licensing are available at extra cost. Read the rest of this entry »

How Fewer California Foreclosures Affect Homes for Sale in the Central Valley

Categories: SJV Homes Blog | Posted: October 10, 2016 | Comments Off on How Fewer California Foreclosures Affect Homes for Sale in the Central Valley

viscaya_sjv-homes

There was a time in California when foreclosures were so plentiful that patient home buyers could snag big bargains when purchasing used homes for sale in the Central Valley. Many so-called home buying gurus offered seminars on how to snag such properties for little or no money down. The normally lengthy waits to own foreclosures were considerably shortened as banks tried to get rid of large inventories of distressed homes.

Foreclosures

Such times are long gone, according to the July 2016 National Foreclosure Report by CoreLogic, a real-estate industry tracker. In California, only 0.3 percent of all homes are in some kind of foreclosure, which represents a drop of 30.4 percent from the previous year.

  •  We’re tied for the lowest percentage with such states as Michigan, Colorado, Nebraska, and Nevada.
  •  The worst foreclosure rate was in New Jersey at 3.3 percent. Even then, that represents a 31.2 percent drop over a year.
  •  Nationwide, the rate runs 0.91 percent, a yearly drop of 29 percent. This number follows 57 months of consecutive annual declines.

The inventory of foreclosure properties in California also went down by 30 percent. Completed foreclosures went from 26,509 to 21,343 over the year, according to the Pasadena Star-News. A completed foreclosure is when a property is bought at auction by either the lender or a third-party, such as a flipper. Read the rest of this entry »

The Best of Times for San Joaquin Valley Homes

Categories: SJV Homes Blog | Posted: October 3, 2016 | Comments Off on The Best of Times for San Joaquin Valley Homes

multicolored organic heirloom tomatoes on wooden background

You’re part of an active and busy family and that’s one of the reasons you bought one of our San Joaquin Valley homes. You want a home that’s designed for modern life with an easy layout, 21st-century construction, and the best technology. Your structure is just one component on getting the most out of your day. The other is when you divide the hours of your day and the seasons of your year. Here are the best times to perform your life’s chores.

Grocery Shopping

If you’re after the best sale products, go at the start of your grocery’s sales week. The day will vary by chain, although Wednesday is typical with the discounts lasting all week. It’s best to ask the store manager when their sale week starts. If you’re after the freshest produce, go around mid-morning when groceries typically stock perishables.

The best times during the weekday to go, according to Wise Bread, is after dinner, starting at 7 PM. Most shoppers will have settled in for the night after the evening meal. If you can only shop on the weekends, go early in the morning when everyone else is asleep. The worst time to go is right after work on weekdays when harried commuters are trying to pick up ingredients for dinner. Read the rest of this entry »