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Southern California & Bay Area Investments
Are Changing Central Valley�s Face
Just a few months ago, a few female acquaintances realized their share of the American dream. With pride, they have become homeowners. They have joined those of us who have monthly mortgage dues. While many residents of the San Joaquin Valley are taking advantage of the relatively low interest rate, many outside buyers come to the Central Valley to be able to buy more for their money. At the same time, Bay Area and Southern California investors have decided to chill out on the stock market a bit and decide to put their money in the stable real Estate market. Up and down the Central Valley, historically known as the �Fruit Basket� of the country, you can see huge sites of construction of family homes and commercial properties. Take a look at the Junction between Freeway 41 and 99, on your right, you�ll the football-field-like warehouses that belong to some of the most important Fortune 500 companies. A lot of them have realized the strategic positions of the Valley. Any of these warehouses have merchandise that can quickly be sent to Los Angeles and San Francisco. As the words of mouth reach many business owners in areas where the operation costs weigh heavily in the books, you�ll see many relocations of headquarters.
What happens to local agents and real estate companies such as Century 21, Guarantee Real Estate, Help-U-Sell, builders such as McCaffrey Group, Commercial West Associates, NAI Commercial Pacific, Fortune Associates, CB Richard Ellis, Colliers Tingey International, Grubb & Ellis/Pearson Commercial and many others?
A simple answer which comes from most of them is that they have never been busier. Besides the long waiting list and the lottery tactic they resorted to, a lot of builders can�t seem to keep up with the demand for housing from both local residents and outside buyers. When you talk to any agents, you�ll realize that they get frustrated by the lack of available homes and commercial properties for sale. It won�t be a surprise for you to arrive home from work and many pieces advertising and cards posted to your front door. Each one of them is offering to do something for you. At least, they are trying to create their clientele. A few years down the line, if you decide to sell, you�ll be able to remember them and have their info handy. Many real estate agents resort to soliciting business directly from property owners. When that happens, 90% of the time, they have received some inquiries from potential buyers or developers. In the Reedley area, I have known a nectarine farmer who has received many such phone calls. Each time, he politely decline the request for sale. Read Full Story
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[Central Valley California Luxury Homes for Sale] [Fresno State's Campus Pointe Development, SaveMart Center & Hilton Hotel]
[Central Valley California Luxury Homes for Sale] [Fresno State's Campus Pointe Development, SaveMart Center & Hilton Hotel]
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