San Joaquin Valley Homes Blog

Blog Archive for February, 2017

SAN JOAQUIN VALLEY HOMES CLOSES 297 RESIDENCES IN 2016, A 25% INCREASE OVER 2015

Categories: Press Releases | Posted: February 28, 2017 | Comments Off on 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  

VISALIA, Calif.San Joaquin Valley Homes (SJV Homes) had another strong year in 2016 with 305 homes sold. SJV Homes constructed and closed escrow on 297 homes in 2016 —a 25 percent increase over the 237 homes it closed in 2015. The company also opened three projects in 2016.

“As we enter our fourth year building beautiful single-family homes in the San Joaquin Valley market, we are thrilled with our continued success,” said Joe Leal, co-founder for Visalia-based San Joaquin Valley Homes. “Our goal for 2016 is to begin construction on five new neighborhoods located in Hanford, Tulare, Kingsburg and Visalia.”

In 2016, SJV Homes opened three projects: Sedona, Viscaya and Pine River Estates. Back in March of 2016, SJV Homes started selling the first of 53 single-family homes at Sedona, which is located in the highly desirable East Tulare and the first phase is nearly sold out. Viscaya’s 87 single-family homes in Dinuba, Calif., which celebrated a grand opening in November 2016, are in high demand as sales have been extremely strong.  In December 2016, model homes opened at Pine River Estates, a 37-acre community offering 144 single-family homes located on Virmargo Street between St. John’s Parkway and Houston Avenue in Visalia. Read the rest of this entry »

The Importance of Water Conservation: Simple Steps to Conserve Water and Save Money

Categories: SJV Homes Blog | Posted: February 27, 2017 | Comments Off on The Importance of Water Conservation: Simple Steps to Conserve Water and Save Money

At its regular meeting on Feb. 8 California’s State Water Resources Control Board (SWRBC) voted to maintain drought restrictions, despite unprecedented rainfall in recent days. The decision was met with immediate pushback from many state residents who couldn’t understand the need to conserve water at a time when some are just trying to stay dry amid torrential downpours, mudslides and flash floods.

Republican State Senator Ted Gaines summed up the feelings of many residents:

“This decision is blind to the plain fact seen on every mountain, river and reservoir in the north state. We are flush with water, and they know that, but this lays bare their ‘permanent drought’ plan that will let them limit and control water use forever to meet their environmentalist agenda.” Read the rest of this entry »

10 Food Ideas For Your Central Valley Housewarming Party

Categories: SJV Homes Blog | Posted: February 20, 2017 | Comments Off on 10 Food Ideas For Your Central Valley Housewarming Party

When you’re planning a housewarming party, there are many things to consider. Should you plan activities or make a wish list of gifts? Those are certainly important considerations, but here we want to focus on the simplest of housewarming parties: the kind where your friends come over and hang out in your sparkling new home. Perhaps it’s a floating party where people are invited to come as they please during any time you specify. Or maybe you’ve allotted just a couple hours where your doors will be opened.

Either way, any time you have people to your home, it is nice to offer food. That is why we have put together 10 food ideas for your housewarming party.

1.  Make-Your-Own Sandwiches. Set out plates of your favorite deli meat alongside lettuce, tomato, onions, a gourmet mustard, slices of avocado, and rolls. Add an unexpected topping like pesto or fresh herbs. Serve with a simple coleslaw and a tray of store-bought chocolate chip cookies.

2.  Dips and Chips. This idea hinges on the extremely simple. A tray of taco dip, a tray of spinach dip and several bags of chips. Easy and delicious. Read the rest of this entry »

How to Find the Right Real Estate Agent to Sell Your Home

Categories: SJV Homes Blog | Posted: February 13, 2017 | Comments Off on How to Find the Right Real Estate Agent to Sell Your Home

Buying a San Joaquin Valley home from one of our sales agents is relatively painless. Just specify a few options and sign some papers, and the home is yours, pending suitable financing. But to buy one of our homes, you’ll typically have to sell your older home, which is not so straightforward and requires the services of a real estate agent. The following tips can help you find the right one.

Interview multiple agents.

Don’t just pick the first agent who leaves a flier at your door. Interview several agents. Ask family and friends for recommendations. Do an online search for houses for sale that are similar to yours, and look at the agents attached to those homes.

Beyond the questions about experience and skill detailed below, you want to get a feel for the people. Are they friendly and professional? Do they communicate in a way that provides answers to your questions? Do they ask questions and listen, or do they just talk? The bottom line is do you feel comfortable entrusting your home to them. Read the rest of this entry »

FHA Rate Cut on Insurance Rates Suspended

Categories: SJV Homes Blog | Posted: February 6, 2017 | Comments Off on FHA Rate Cut on Insurance Rates Suspended

If you were planning on buying a home with a loan from the Federal Housing Authority (FHA), you may have been excited to hear about a planned rate cut announced by the US Department of Housing and Urban Development during the closing days of the Obama Administration. That cut applied the premiums on mortgage insurance, which protects your lender if you are unable to make your mortgage payments.

What Happened?

The annual insurance rate was supposed to drop from 0.85 percent of the mortgage to 0.60 percent on January 27. The rate drop was due to the recovery of the Mutual Mortgage Insurance Fund of the FHA. This fund has increased by $44 billion since 2012. The new premium would have been very close to the 0.55 percent that the FHA used to charge before the 2008 housing crash.

One of the first orders executed by the new administration was to suspend the cut indefinitely for reasons that are still unclear. The cut would have meant a savings of only $500 on a 30-year fixed-rate mortgage of $200,000.

The extra pocket money would’ve been a nice addition to any housing budget but probably would not have made that big a difference in loan qualification.

Fortunately, the action does not negate the overall value of obtaining an FHA loan.

Advantages

An FHA loan has several advantages if you’re a new homeowner. Read the rest of this entry »