Real Estate

Housing affordability down in Q2

Throughout California, 30 percent of homebuyers could afford a home in the second quarter of 2014.Housing affordability fell throughout the San Joaquin Valley in the second quarter, a trend seen throughout most of the state.

CoreLogic: Year-over-year home prices still rising

CoreLogic, a global property information, analytics and data-enabled services provider, today released its June CoreLogic Home Price Index (HPI) report showing that in Fresno and nationally, home prices continue to rise year over year.

Fresno maternity retailer teams up to serve vets

Central California Health Care System and Fresno maternity retailer Pum Bum have teamed up to help provide clothing and other products for women veterans.

Drought prompts drop in grazing parcel assessments

Recognizing decline in parcel value because of the drought, Fresno County Assessor-Recorder Paul Dictos has reduced the assessments on grazing parcels that are subject to a Williamson Act contract.

Property management firms enjoy brighter days

Ginder Development Corp. is developing a business park where Manco Abbott will be situated. Manco’s offices will occupy 11,000 square feet of the 20,500 square foot building.Property management took a blow during the real estate crash, but has since been a steady income business for specialists like Manco Abbott and Robert L. Jensen & Associates as the rental housing, office and retail market bounces back.

$6.67M loan arranged for Corcoran apartments

Willow Lakes Apartments
Johnson Capital, a national real estate capital advisory firm in Sacramento, has arranged a $6.67 million loan for a buyer to purchase the 192-unit Willow Lakes Apartment Homes in Corcoran.

Distressed sales unchanged in Fresno, Tulare counties

Distressed home sales accounted for 9.7 percent of all home sales in California during June.Distressed home sales in the Valley changed relatively little in June, but the rate was down significantly from what it was this time last year.

CoreLogic: Foreclosure rates fall

Foreclosure rates in Fresno decreased for the month of May over the same period last year, according to newly released data from CoreLogic, a global property information, analytics and data-enabled services provider.

Report shows home inventory up, sales down

A Guarantee Real Estate July 2014 market report shows that although home inventories have increased in Fresno and Tulare, home sales have declined slightly.

Valley home sales, prices see uptick

June homes sales were up 1.5 percent in California compared to the month before.Home sales grew throughout the Valley in June, albeit slowly, as housing inventory also inched up over last year's supply.