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Real Estate

Report: Valley home sales see improvement in March

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Published on 04/15/2013 - 12:19 pm
Written by Business Journal staff

Home sales picked up throughout most of the San Joaquin Valley in March.Valley home sales improved in March from the month before but not enough to meet last year's numbers.

Opportunities, pitfalls highlighted at Real Estate Forecast

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Published on 04/12/2013 - 2:12 pm
Written by Business Journal Staff

Doug Cords discusses retail opportunitiesThe Fresno area’s rebounding real estate market will continue to provide opportunities for investors and companies needing space to lease, local experts stressed at the Economic Development Corporation’s 10th annual Real Estate Forecast held Thursday in Fresno.

Fresno 126-unit apartment complex refinanced

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Published on 04/09/2013 - 11:27 am
Written by Clay Moffitt

The 126-united Bridgewood North Apartment complex in Fresno has been sold.Washington, D.C.-based Love Funding closed on a $7.08 million loan last week to help Barsten Properties, LLC to finance the sale of the 126-unit Bridgewood North Apartments in Fresno.

Positivity expected at April 11 Real Estate Forecast

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Published on 04/05/2013 - 10:50 am
Written by Business Journal Staff

EDC serving Fresno CountyExperts painted a positive real estate picture at last year’s Real Estate Forecast titled “Looking Up.”

CB Richard Ellis real estate firm pulls out of Fresno

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Published on 04/02/2013 - 11:21 am
Written by Business Journal Staff

A CBRE spokesperson said the firm would continue to service the Fresno market from its Stockton office as needed.Brokerage CB Richard Ellis, also known as simply CBRE, has discontinued its Fresno office operations.

With low vacancies, Valley apartment sales strong

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Published on 03/28/2013 - 12:43 pm
Written by Chuck Harvey

Brad Hardie, president of Regency Property Management in Fresno, believes small apartment complexes — sized 10-15 units— provide the best bang for the buck for investors.A move by Fresno-Clovis residents toward rental housing has kept vacancies down and sales of apartment buildings strong and competitive.

Foreclosure rates still falling in Fresno

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Published on 03/26/2013 - 11:15 am
Written by Business Journal Staff

Hanford-Corcoran foreclosure ratesForeclosure rates in Fresno decreased for the month of January over the same period last year, according to newly released data from CoreLogic, an Irvine, Calif.-based information, analytics and services provider.

Report: Distressed home sales fall in Feburary

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Published on 03/25/2013 - 12:11 pm
Written by Business Journal staff

Distressed home sales accounted for 33 percent of all home sales in California during February.Distressed home sales were down in Fresno County during February, but that wasn't the case throughout the rest of the Central Valley.

Report: Valley home sales still slowing

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Published on 03/15/2013 - 11:06 am
Written by Business Journal staff

A shortage of inventory led to fewer home sales throughout most of the San Joaquin Valley in FebruaryValley home sales dipped again in February as the shortage in inventory pushed prices higher.

New York Life to get new Fresno office

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Published on 03/14/2013 - 10:50 am
Written by Clay Moffitt

New York Life will move to 205 E. River Park Circle by the end of April. Photo by Loopnet.comNew York Life plans to move its entire Fresno staff about 1 ½ miles from its current home to a new location at 205 E. River Park Circle, Suite 250, by the end of April.