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Armenian genocide memorials happened a couple of days ago. Fresno State had the largest gathering. Looked like a nice tribute.
A Fresno Starbucks is unionizing
Fresno bee ran an article titled
"Tract homes costs $1 million in Fresno, Clovis real estate"
Guessing that's a negative article from the bee. Let me know if you have access to it.
Interesting condo-house is up for sale in North fresno. Comes with a lake, spa, and lap pool.
Could you see yourself throwing some nice parties here, chim?
Edit: A progressive Jewish man won an important school board position in Fresno - Good to see. Republicans talked a big game, but got stomped. Better luck in Clovis
Hiking near Fresno
Don't need to go to the Sierrasfor some decent hiking
Fresnos mayor went to Sacramento to beg for homeless funding today.
State needs to come through because prices aren't dropping! Homeless situation could get real ugly here quick.
Mayor also was in Guadalajara to sign a sister city agreement!
Jerry Dyer (Fresnos putinesque mayor)
The average rent for a 1-bedroom apartment in Fresno, CA is currently $1,520. This is a 24% increase compared to the previous year.
The average rent for a 1-bedroom apartment in Sacramento, CA is currently $1,604. This is a 11% increase compared to the previous year
Last updated on April 25, 2022
The average rent for a 1-bedroom apartment in Bakersfield, CA is currently $1,095. This is a 16% increase compared to the previous year
Edit: Bakersfield seems too low. Bakersfield is the steal of CA if those numbers are correct.
Numbers are from zumper
Edit2: Sacramento seems low, too. Hmm
Last edited by dontbelievehim; 04-26-2022 at 01:22 AM..
If you want a bit more stable rents, the northern part of the Central Valley seems to be better, according to Zumper, average rent for a 1 bedroom apt in Redding is $995,.....a 7% increase over a year ago
"And there are plenty more in the permitting pipeline. Apartment permits in Visalia were up 30% in the first two months of 2022 alone. Permits in Tulare are estimated to skyrocket as they are often priced lower than similar sized homes in Visalia, and the same can be said of apartment complexes as well. "
Visalia wants to get serious about apartment building. The conservative Fresno mayor said the same yesterday. All this growth should slow down some of these crazy price increases for a bit.
Pretty sure this is more accurate than zumper
Had to post this
Apartmentlist.com April numbers
Los Angeles: $1,874 per month, 0.4% increase.
San Diego: $2,279 per month, 1.3% increase.
San Jose: $2,372 per month, 1.6% increase.
San Francisco: $2,204 per month, 0.7% increase.
Fresno: $1,367 per month, 4.4% increase.
Sacramento: $1,651 per month, 0.2% increase.
Long Beach: $1,655 per month, 0.3% increase.
Oakland: $1,673 per month, 0.3% increase.
Anaheim: $2,164 per month, 1.2% increase.
Santa Ana: $2,105 per month, 0.6% increase
Utah, Idaho, Texas, and Arizona will have some form of abortion ban once roe vs Wade gets canned. I see even more interest in valley housing because of this ruling! Talk about an unintended consequences. RE agents have to be giddy right now
look for 470+k median prices in Fresno county later this year(Fresno will be making ground on Sacramento/Modesto, etc)
Edit:
Fresno townhomes
Clovis
Hsr model station
State officials have set the Fresno station’s location as close to the intersection of Mariposa Street and G Street. Construction is expected to start around 2025.
Last edited by dontbelievehim; 05-03-2022 at 03:51 PM..
Madera station I always saw in the plans since the start and I never liked that idea. I mean why? Madera is nothing and the Fresno station is literally so close especially at those speeds. Basically wasting time and energy for the train to start speeding up only to slow down again because the next station is so close by. Waste of time and money on the Madera station. Madera county prob had some deal with HSR to pull that off. These additional stops in sorry to say small irrelevant places will slow the journey when the purpose is speed/time.
Madera station I always saw in the plans since the start and I never liked that idea. I mean why? Madera is nothing and the Fresno station is literally so close especially at those speeds. Basically wasting time and energy for the train to start speeding up only to slow down again because the next station is so close by. Waste of time and money on the Madera station. Madera county prob had some deal with HSR to pull that off. These additional stops in sorry to say small irrelevant places will slow the journey when the purpose is speed/time.
I highly doubt all trains will have to stop in freaking madera! Come on...
They'll probably have a turnout made for it, so everyone else can just avoid it while travelling at full speed.
Sacramento =#1 city for bay area CA redfin searchers
La 2
San Diego 3
Fresno was #4, tied with Salinas
New sfchronicle article excerpt(top redfin searches 2022):
San Diego was followed by Fresno and Salinas, each with 2.9% of the Bay Area Redfin user share of searches outside their region. California’s Central Valley was a hot real estate market at the height of the pandemic as Bay Area residents were attracted to more space and affordable housing there.
699k glorified tract house(1900 sqft) is for sale in fig garden, Fresno
It does have a pool tho.
Kind of a crazy price, Fresnos starting to catch up to sac in nuttiness. Eek. 900k+ for east sac, but 750-800k would be my guess for other parts of sac.
Video does a good job showing how lush the fig garden area is...kind of looks like sac(edit: looks like it has a guest house. Still a little nuts to me)
Fresno is a hot market for both would-be home buyers and apartment renters seeking refuge from more expensive areas of California. Out-of-towners represented almost 43% of people searching for homes in the Fresno market on real estate platform Redfin, and almost 42% of renters searching for apartments on ApartmentList.com. Recent migration analyses by Redfin and ApartmentList.com show that people from the cost-inflamed San Francisco Bay Area represent a large portion of the out-of-towners who are using the two technology platforms to search for homes or apartments in the Fresno metropolitan area. In Fresno County, the median selling price of an existing single-family home in March 2022 was $415,000, according to the California Association of Realtors. That’s almost 19% higher than it was a year earlier — but it’s also less than one-third of the price in the Bay Area, where the median price topped $1.4 million. Redfin’s data reveals that of out-of-town users searching for a home in Fresno, 55% would be migrating from the Bay Area. The Los Angeles metro area, where the median home-selling price in March was almost double Fresno’s, represented 17% of searches for Fresno as a buying destination.
Other California markets represented among the Fresno house-hunters include Sacramento, 7.8%; Chico, 2%; San Diego, 1.8%; Salinas, 1.4%; San Luis Obispo, 1.2%; Bakersfield, 0.7%; and Santa Maria, 0.5%. Seattle, Washington, was the leader among out-of-state buyers searching in the Fresno area on Redfin, at 1.7%, followed by Portland, Oregon, at 0.6%. Smaller percentages were reported from as far as Dallas and Houston, Texas; Washngton, D.C.; Las Vegas, Nevada; New York; Phoenix, Arizona; and Denver, Colorado. HOUSING PRICES FUEL INTEREST IN FRESNO HOMES, APARTMENTS The reports come shortly after California’s latest population estimates showed that most of the state’s largest cities shrank in population during 2021. Fresno and San Diego were alone in the top five largest cities to show a population increase last year.
One local Realtor said he believes housing costs are a major reason behind the population shifts away from cities like Los Angeles, San Jose and San Francisco. Brian Domingos Jr., owner/broker of Premier Valley Realty in Fresno and president-elect of the Fresno Association of Realtors, told The Fresno Bee last week that the pandemic-induced ability or necessity for more people to work from home has helped fuel migration from the expensive markets to cities like Fresno that, by comparison, are more affordable. “There was a larger expectation that more people would move here because of their ability to work remotely, especially in the IT (information technology) industry, and there’s been truth to that,” Domingos said. He recounted getting a phone call last week from a would-be home-buyer from the Bay Area who wants to find a house in Fresno to be closer to her mother, “and she cannot even touch a home in the Bay Area because of the prices.” That dynamic is not only helping to drive house prices up in Fresno — the median price for a house in Fresno County was almost 19% higher in March 2022 than it was a year earlier, the California Association of Realtors reported — but what homes do land on the market are being snapped up quickly, and often for more than the asking price. “We’re at about two weeks average time on the market” for houses listed for sale in the Fresno area, Domingos said. He added that recent data shows “about 70% of listings were selling for more than the listed price.” San Francisco had the largest net potential outflow of home searchers in the first quarter of 2022 in the U.S. — almost 53,000 Redfin users searching seriously for homes outside their market, compared to about 40,700 in the first quarter of 2021. Los Angeles had the second highest number, more than 37,000. “Skyrocketing home prices and rising mortgage rates have made relocating to a more affordable area the only viable option for some prospective homebuyers,” Redfin data journalist Dana Anderson reported recently. OUT-OF-TOWNERS SCOUR APARTMENTLIST FOR RENTALS It’s not only house hunters who are fueling a rise in Fresno housing costs. Renters looking for more affordable places are also sniffing around the Fresno market, according to data released this week by ApartmentList. Of the 41.6% of out-of-towners using the ApartmentList website to search for rentals in Fresno, the largest proportion was from Sacramento, followed by San Francisco, San Jose and Los Angeles. Each of those metro markets have apartments that are far more expensive than Fresno’s April median rent of $1,367: Sacramento, with 31% of the out-of-town searchers for Fresno apartments, had a median rent in April of $1,651. San Francisco, 17.5% of out-of-town searchers, had a median rent in April of $2,204. San Jose, 6.1% of out-of-town searchers, had a median rent in April of $2,372. Los Angeles, 5.9% of out-of-town searchers, had a median rent in April of $1,874. “Over the course of the past year, rent increases have hit virtually all corners of the nation,” the ApartmentList research team reported Tuesday. “Nationally, the median rent price is up 16 percent year-over-year, and in some cities rent growth is more than double that. Renters who are apartment hunting now must contend with this affordability crunch as well as a competitive rental market with historically low vacancy rates.”
Fresno is a hot market for both would-be home buyers and apartment renters seeking refuge from more expensive areas of California. Out-of-towners represented almost 43% of people searching for homes in the Fresno market on real estate platform Redfin, and almost 42% of renters searching for apartments on ApartmentList.com. Recent migration analyses by Redfin and ApartmentList.com show that people from the cost-inflamed San Francisco Bay Area represent a large portion of the out-of-towners who are using the two technology platforms to search for homes or apartments in the Fresno metropolitan area. In Fresno County, the median selling price of an existing single-family home in March 2022 was $415,000, according to the California Association of Realtors. That’s almost 19% higher than it was a year earlier — but it’s also less than one-third of the price in the Bay Area, where the median price topped $1.4 million. Redfin’s data reveals that of out-of-town users searching for a home in Fresno, 55% would be migrating from the Bay Area. The Los Angeles metro area, where the median home-selling price in March was almost double Fresno’s, represented 17% of searches for Fresno as a buying destination.
Other California markets represented among the Fresno house-hunters include Sacramento, 7.8%; Chico, 2%; San Diego, 1.8%; Salinas, 1.4%; San Luis Obispo, 1.2%; Bakersfield, 0.7%; and Santa Maria, 0.5%. Seattle, Washington, was the leader among out-of-state buyers searching in the Fresno area on Redfin, at 1.7%, followed by Portland, Oregon, at 0.6%. Smaller percentages were reported from as far as Dallas and Houston, Texas; Washngton, D.C.; Las Vegas, Nevada; New York; Phoenix, Arizona; and Denver, Colorado. HOUSING PRICES FUEL INTEREST IN FRESNO HOMES, APARTMENTS The reports come shortly after California’s latest population estimates showed that most of the state’s largest cities shrank in population during 2021. Fresno and San Diego were alone in the top five largest cities to show a population increase last year.
One local Realtor said he believes housing costs are a major reason behind the population shifts away from cities like Los Angeles, San Jose and San Francisco. Brian Domingos Jr., owner/broker of Premier Valley Realty in Fresno and president-elect of the Fresno Association of Realtors, told The Fresno Bee last week that the pandemic-induced ability or necessity for more people to work from home has helped fuel migration from the expensive markets to cities like Fresno that, by comparison, are more affordable. “There was a larger expectation that more people would move here because of their ability to work remotely, especially in the IT (information technology) industry, and there’s been truth to that,” Domingos said. He recounted getting a phone call last week from a would-be home-buyer from the Bay Area who wants to find a house in Fresno to be closer to her mother, “and she cannot even touch a home in the Bay Area because of the prices.” That dynamic is not only helping to drive house prices up in Fresno — the median price for a house in Fresno County was almost 19% higher in March 2022 than it was a year earlier, the California Association of Realtors reported — but what homes do land on the market are being snapped up quickly, and often for more than the asking price. “We’re at about two weeks average time on the market” for houses listed for sale in the Fresno area, Domingos said. He added that recent data shows “about 70% of listings were selling for more than the listed price.” San Francisco had the largest net potential outflow of home searchers in the first quarter of 2022 in the U.S. — almost 53,000 Redfin users searching seriously for homes outside their market, compared to about 40,700 in the first quarter of 2021. Los Angeles had the second highest number, more than 37,000. “Skyrocketing home prices and rising mortgage rates have made relocating to a more affordable area the only viable option for some prospective homebuyers,” Redfin data journalist Dana Anderson reported recently. OUT-OF-TOWNERS SCOUR APARTMENTLIST FOR RENTALS It’s not only house hunters who are fueling a rise in Fresno housing costs. Renters looking for more affordable places are also sniffing around the Fresno market, according to data released this week by ApartmentList. Of the 41.6% of out-of-towners using the ApartmentList website to search for rentals in Fresno, the largest proportion was from Sacramento, followed by San Francisco, San Jose and Los Angeles. Each of those metro markets have apartments that are far more expensive than Fresno’s April median rent of $1,367: Sacramento, with 31% of the out-of-town searchers for Fresno apartments, had a median rent in April of $1,651. San Francisco, 17.5% of out-of-town searchers, had a median rent in April of $2,204. San Jose, 6.1% of out-of-town searchers, had a median rent in April of $2,372. Los Angeles, 5.9% of out-of-town searchers, had a median rent in April of $1,874. “Over the course of the past year, rent increases have hit virtually all corners of the nation,” the ApartmentList research team reported Tuesday. “Nationally, the median rent price is up 16 percent year-over-year, and in some cities rent growth is more than double that. Renters who are apartment hunting now must contend with this affordability crunch as well as a competitive rental market with historically low vacancy rates.”
interesting.....one has to wonder though if Fresno is on it's way to becoming not affordable to a growing number of people
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