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Real Estate

Realtors: Distressed homes sales rise in Valley

Distressed homes accounted for 36.4 percent of California home sales in DecemberDistressed home sales were up in the Central Valley during December but not quite as high as they were the year before.

Report: Foreclosure activity drops in December

Foreclosure activity in California continued to drop in December 2012Foreclosure activity declined in December throughout the San Joaquin Valley, according to new data from ForeClosure Radar.

December home prices pick up in Valley

Home prices rose throughout the Valley in DecemberHome prices picked up in the Central Valley during the month of December, although sales figures were hit and miss.

Guarantee Real Estate acquired by HomeServices of America

guarantee real estate logoHomeServices of America Inc., a Berkshire Hathaway affiliate based in Minneapolis, announced on Wednesday that it had acquired Guarantee Real Estate, a major home real estate brokerage firm in Fresno and throughout the Central Valley.

CAR: Distressed home sales up in Fresno, nearby counties

bank-owned-homes-and-short-salesCalifornia Association of Realtors reports that Fresno County distressed home sales – including bank-owned homes and short sales – grew slightly in November after a steady decline over the past year.

Year’s most expensive home sale in Shaver Lake: $2.35M

A 5,400 square-foot home in Shaver Lake sold this year for $2.35 millionImprovements in the economy and job market in 2012 led to more high-end, million-dollar homes being sold in the Central Valley.

Report: Visalia good for rental properties

Local Market Monitor and HomeVestors of America compiled the list of markets with the best returns for rental propertiesVisalia placed in the top ten among cities with the best real estate markets for rental investment in the fourth quarter.

McCaffrey Homes sending Scouts to Disneyland

Curtis Alexander of the Boy Scouts, Cathy Ferguson of the Girl Scouts and Karen McCaffrey of McCaffrey Homes drew the winners.McCaffrey Homes will sponsor 30 Girl Scouts and Boy Scouts from the Central California region on a trip to Disneyland Dec. 29 as part of the company’s support for youth education programs.

Report: Foreclosure activity drops in November

Foreclosure filings were down throughout California in November compared to last yearForeclosure activity continued to decline in November, according to new data from ForeClosure Radar.

Realtors: Nov. median home prices rise in Valley

The median price of a home in the Central Valley increased in November, with the exception of Kings County.Most of the Central Valley experienced year-to-year growth in the median home price for the month of November, according to a new report from the California Association of Realtors.