San Joaquin Valley Homes Blog

Blog Archive for November, 2016

2017 California Market Forecast and Homes for Sale in the Central Valley

Categories: SJV Homes Blog | Posted: November 28, 2016 | Comments Off on 2017 California Market Forecast and Homes for Sale in the Central Valley

sedona-at-palo-verde

With the new year just around the corner, now would be a good time to take stock of what the housing market might be like in 2017. The California Association of Realtors has done exactly that with the release of their 2017 Housing Market Forecast, which takes into account multiple economic factors.

Affordability
Association President Path “Ziggy” Zicarelli sees the lowest housing affordability in years, driven by tight housing supplies. But this might work in your favor if you’re looking for a new home in the Central Valley.

• Urban coastal areas, such as the San Francisco Bay Area, will see sales decline as home buyers migrate to more affordable areas, such as the Central Valley, which is predicted to outperform the more expensive markets.
• Kings County is considered the most affordable county in California, where 56 percent of the population is able to buy a median priced home. This compares to the 57 percent nationwide.
• Tulare County is the 7th most affordable county, with 50 percent affordability.
• Compare these amounts to San Francisco, the least affordable county, where only 13 percent can buy a home. 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 »

San Joaquin Valley Homebuilders Explain Who’s Buying Homes

Categories: SJV Homes Blog | Posted: November 21, 2016 | Comments Off on San Joaquin Valley Homebuilders Explain Who’s Buying Homes

House in a supermarket trolley.

Real estate authority Zillow just released their Consumer Housing Trends report, which details who is buying homes in the USA. These are all averages but you can check out the statistics to see how many of them apply to your home purchase situation.

Basics
According to the report, the typical home buyer is in their mid 30s to early 40s with 65 percent being male, 67 percent being married, 75 percent college educated, and 83 percent actively looking for a home.
• Their median annual household income runs $87,500. (Note that the Sacramento Bee says the typical annual income needed to buy a median-priced home in Visalia is $38,000, and for Tulare it’s $27,000.)
• About 75 percent of the buyers are Caucasian, 11 percent Latino, 7 percent African-American, and 5 percent Asian/Pacific islander.
• About 47 percent are first-time buyers who spend a median of $200,000 on a home. Repeat buyers are typically older at a median 42 years. They typically spend $235,000.
• About 82 percent of West Coast buyers are looking for a single-family home compared to 83 percent throughout the USA. Only 23 percent in the West want townhouses and 13 percent look for condos or co-ops. Read the rest of this entry »

Celebrate 100 Years of National Parks Near Your New San Joaquin Valley Home

Categories: SJV Homes Blog | Posted: November 14, 2016 | Comments Off on Celebrate 100 Years of National Parks Near Your New San Joaquin Valley Home

Sequoia National Park

The National Park Service celebrates its 100th birthday this year. Get into the spirit by visiting one of these special places. Depending on which of our San Joaquin Valley homes you buy, some of the best of our national heritage are located within one to five hours from you, allowing you and your family to get in touch with nature on breaks ranging from a quick afternoon to a week getaway.

Sequoia National Park

Sometimes called the Land of the Giants, Sequoia National Park is home to giant sequoias, which only grow on the Sierra Nevada’s western slope. These evergreens grow as high as a 26-story building and are as wide as 35 feet with branches up to eight feet in diameter. Some live up to 3,000 years. You’ll find the most spectacular examples at the Giant Sequoia National Monument an area spanning over six groves across 328,315 acres. Among the more famous examples you’ll find:
General Sherman, the biggest tree in the world at 274.9 feet tall and with a girth of 102.6 feet near the ground.
Washington, one of the most beautiful sequoias and one of the oldest at 2,850 years. Unfortunately, a lightning strike in 2005 made the tree collapse from over 250 feet to about 101 feet.
General Grant, the second biggest tree on earth at 270 feet and 107 feet around its base. Read the rest of this entry »

SAN JOAQUIN VALLEY HOMES TO HOLD GRAND OPENING AT VISCAYA, OFFERING 84 SINGLE-FAMILY HOMES IN DINUBA, ON NOVEMBER 12

Categories: Press Releases | Posted: November 11, 2016 | Comments Off on SAN JOAQUIN VALLEY HOMES TO HOLD GRAND OPENING AT VISCAYA, OFFERING 84 SINGLE-FAMILY HOMES IN DINUBA, ON NOVEMBER 12

Phases One and Two of New Community Already Have Sold Out

Viscaya in Dinuba, Calif.

Viscaya in Dinuba, Calif.

DINUBA, Calif. – 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 »

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.

Read the rest of this entry »

Decorating Your Table With Wine Glasses In Your New Tulare Home

Categories: SJV Homes Blog | Posted: November 7, 2016 | Comments Off on Decorating Your Table With Wine Glasses In Your New Tulare Home

Glasses with roses symbolize wine

Wine glasses are so much more than just the things we sip from in the evenings. Sure, their long handles and wide bases are perfect for holding that delicious dinner beverage. But wine glasses can go further than you ever imagined. Next time you’re holding a dinner party, grab some extra wine glasses from your pantry and use these tips to include them in your table decorations.

• First, turn the glasses upside down, then fill the bowl with almost anything. Flowers, beads, lights, and ornaments, or even a handful of tulle or lace can make an eye-catching design. Read the rest of this entry »

Central Valley Business Times: “115-home development planned for Hanford”

Categories: Media Coverage | Posted: November 4, 2016 | Comments Off on Central Valley Business Times: “115-home development planned for Hanford”

HANFORD 
November 4, 2016 4:46am

•  Developer is San Joaquin Valley Homes

•  “One of California’s most thriving downtowns”

A new neighborhood with 115 single-family homes is being planned for Hanford by developer San Joaquin Valley Homes.

It will be built on 28.75 acres at 12th Avenue and Hume Avenue, with groundbreaking expected this month.

The developer says the project, dubbed “Chandler Park,” will have a value of more than $28 million.

“San Joaquin Valley Homes is thrilled to provide homes for families in Hanford, a growing community with one of California’s most thriving downtowns,” says Joe Leal, co-founder of Visalia-based SJV Homes.

Chandler Park, about two miles from downtown Hanford, will offer three- and four-bedroom homes with two- or three-car garages in five floor plans ranging from 1,574-2,300 square feet. The homes will have covered front porches and nine-foot ceilings, the developer says.

SJV Homes has six other neighborhoods underway in with a total of 776 units in the Central Valley. The home builder plans on breaking ground this month on “Chelsea West,” a new neighborhood offering 80 single-family homes in Visalia.

SAN JOAQUIN VALLEY HOMES CLOSES ON 28.75 ACRES IN HANFORD, CALIF.

Categories: Press Releases | Posted: November 3, 2016 | Comments Off on SAN JOAQUIN VALLEY HOMES CLOSES ON 28.75 ACRES IN HANFORD, CALIF.

Developer to Build Chandler Park,  A 115 Single-Family Home Community  

HANFORD, Calif.San Joaquin Valley Homes (SJV Homes) has closed on 28.75 acres at 12th Avenue and Hume Avenue in Hanford. The developer is planning on breaking ground on Chandler Park, a new neighborhood offering 115 single-family homes, in November 2016. The retail value of this development is expected to exceed $28 million.

“San Joaquin Valley Homes is thrilled to provide homes for families in Hanford, a growing community with one of California’s most thriving downtowns,” said Joe Leal, co-founder for Visalia-based SJV Homes. Read the rest of this entry »