Archive for Real Estate

Survey Reveals the Most Expensive Destinations in the USA

Jul 05, 2013 No Comments

NEW YORK, July 5, 2013 /PRNewswire/ – Provincetown, located at the extreme tip of Cape Cod in Massachusetts, is the United States’ most expensive destination in terms of its hotel costs. That’s the finding of a new survey from CheapHotels.org. The survey compared hotel rates for all destinations in theUSA for this summer’s main travel period of July 1 to August 31. The rankings were determined based [...]

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Majority of CEOs See Rising Home Prices as a Positive Economic Indicator

Jul 03, 2013 No Comments

SAN DIEGO, July 3, 2013 /PRNewswire/ – CEOs held optimistic views about the overall economy as well as for their own firms in the Q2 2013 Vistage CEO Confidence Index. While there was a slight shift in their assessments of the economy, how CEOs viewed prospects for their own firms has been remarkably stable since the start of the year. The Vistage CEO [...]

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Home Prices Set Record Monthly Rise in April 2013

Jun 26, 2013 No Comments

NEW YORK, June 26, 2013 /PRNewswire/ — Data through April 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, showed average home prices increased 11.6% and 12.1% for the 10- and 20-City Composites in the 12 months ending in April 2013. From March to April, the 10- and [...]

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May Home Value Appreciation Remains Strong

Jun 21, 2013 No Comments

SEATTLE, June 21, 2013 /PRNewswire/ – National home values rose again in May, climbing 0.5 percent from April to a Zillow® Home Value Indexi of $159,000, according to the May Zillow Real Estate Market Reportsii. Home values were up 5.4 percent year-over-year in May, the second-highest annual rate of national appreciation registered in the past 12 months. The 5.4 percent [...]

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Pair of Yosemite Area Inns Earn TripAdvisor Awards in Customer Service

Jun 19, 2013 No Comments

OAKHURST – A Haven of Rest Bed and Breakfast in Oakhurst and Yosemite’s Sierra Mountain Lodge in Ahwahnee received word from TripAdvisor recently that they had earned the Certificate of Excellence award. The accolade, which honors hospitality excellence, is given only to establishments that consistently achieve outstanding traveler reviews on TripAdvisor, and is extended to qualifying [...]

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Study: Renters Are Satisfied, but Continuing to Reach for Homeownership

Jun 07, 2013 No Comments

WASHINGTON, June 7, 2013 /PRNewswire/ — Fannie Mae’s Economic & Strategic Research Group today released a new research study that investigates the impact of consumer attitudes toward renting and homeownership on the future of housing in America. Data from Fannie Mae’s National Housing Survey provides insights into whether current renters, particularly younger Americans, aspire to become homeowners [...]

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One-third of Homebuyers Surveyed Are Ill-prepared to Get a Mortgage

May 10, 2013 No Comments

SEATTLE, May 10, 2013 /PRNewswire/ — After several years of depressed demand for homes, buyers are returning to the market in droves. However, many homebuyers may be ill-prepared to take out a mortgage, answering basic questions about mortgage information wrong nearly one-third (32.5 percent) of the time[i], according to a Zillow® Mortgage Marketplace survey[ii] of prospective and [...]

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Groundbreaking Held for 10th St. Jude Dream Home

May 09, 2013 No Comments

CLOVIS – Dirt was turned this morning on the 10th St. Jude Dream Home at De Young Properties’ CountryCourt Community, which will be the seventh home the major donor and builder for the St. Jude Dream Home Giveaway will construct in as many years. People in central California will buy more than 10,000 $100 tickets, [...]

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Home Prices Rise in February 2013

May 01, 2013 No Comments

NEW YORK, May 1, 2013 /PRNewswire/ – Data through February 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller (1) Home Price Indices, the leading measure of U.S. home prices, showed average home prices increased 8.6% and 9.3% for the 10- and 20-City Composites in the 12 months ending in February 2013. The 10- and 20-City Composites [...]

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Fresno EDC Holds 10th Annual Real Estate Forecast

Apr 12, 2013 No Comments

FRESNO – The Economic Development Corporation serving Fresno County reached a milestone Thursday when it put on its 10th Annual Real Estate Forecast at the Radisson Hotel & Conference Center in downtown Fresno. Some of the top local real estate experts Fresno County has to offer were part of an eight-man panel that offered its [...]

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Consumer Confidence in Real Estate, Home Prices Reaches Year-Long High

Apr 10, 2013 No Comments

IRVINE, Calif., April 10, 2013 /PRNewswire/ – Prudential Real Estate, an HSF Affiliates LLC company, today released results of its first quarter Consumer Outlook Survey showing that Americans’ sentiment toward real estate is growing increasingly favorable. A full 77% of consumers feel that the real estate market and property values will recover, representing a four-point improvement from year-end [...]

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10th Annual Real Estate Forecast is Thursday

Apr 08, 2013 No Comments

FRESNO – Local experts are coming together Thursday to present their forecasts on what to expect in the real estate markets in 2013 at the 10th annual Real Estate Forecast, hosted by the Economic Development Corporation serving Fresno County. The event will have statistical data and information pertaining to future projects happening in Fresno. A [...]

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Vacation Home Sales Continued to Rise in 2012

Apr 03, 2013 No Comments

AUSTIN, Texas, April 3, 2013 /PRNewswire/ – The market for vacation home sales in 2012 showed continued signs of strength, with a 10 percent increase in sales from the prior year and a 24 percent increase in the median sales price, the first rise in three years, according to the 2013 Investment and Vacation Home Buyers Survey by the National Association of [...]

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Americans Expect Home Prices and Mortgage Rates to Increase

Mar 08, 2013 No Comments

WASHINGTON, March 8, 2013 /PRNewswire/ – Consumer attitudes toward the economy and housing continue to diverge this winter, according to Fannie Mae’s February 2013 National Housing Survey results. On the one hand, consumers continue to express strong positive attitudes toward housing. On the other hand, sentiment about the economy and household finances is stalled. Average 12-month home price expectations and [...]

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Yosemite Area Hotel Maintains 5-star Rating

Mar 07, 2013 No Comments

OAKHURST – The world-renowned Château du Sureau was recently awarded the coveted five-star rating from Forbes, continuing a 17-year streak of earning the lofty rating. “We are delighted to be one of 11, 5-Star properties in California, it is truly a privilege to have received this award for the 17th consecutive year,” said Erna Kubin-Clanin, [...]

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Central Valley Entrepreneur Winners Announced

Feb 26, 2013 No Comments

FRESNO – The Fresno Chamber of Commerce, along with the Lyles Center for Innovation and Entrepreneurship and the Central Valley Business Incubator, have announced the winners of the Entrepreneur Awards at the Fresno Chamber’s Annual Valley Business Awards Luncheon. “Highlighting the accomplishments of driven individuals in Fresno is something we here at the Chamber are [...]

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40 Under 40: Steven Spencer – Spencer Enterprises

Feb 22, 2013 No Comments

Steven Spencer is originally from Fresno, a graduate of San Joaquin Memorial High School and a local builder.  After high school, he left Fresno to attend college in the Bay Area.  He worked steadily to complete his bachelor’s degree in finance at Santa Clara University and his Juris Doctorate at University of San Francisco.  After [...]

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Consumer Housing Sentiment Continues to Rise as Employment Concerns Wane

Feb 08, 2013 No Comments

WASHINGTON, Feb. 8, 2013 /PRNewswire/ — Increasing confidence in home sales and an improved sense of job security provide further evidence of the strengthening of the housing market, according to Fannie Mae’s January 2013 National Housing Survey results. Underlying the growing sense of optimism, the percentage of survey respondents who think it is a good [...]

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Downtown Fresno Progress Presented at Breakfast

Feb 05, 2013 No Comments

FRESNO – Downtown Fresno supporters came together for the State of Downtown Breakfast inside The Fresno Ballroom in the Pacific Southwest Building Tuesday morning to look back at a year’s worth of progress in the downtown Fresno area, as well as to build momentum for its future. Kate Borders, president and CEO of the Downtown [...]

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Survey: Home Ownership Is Increasingly Important to Younger Americans

Feb 04, 2013 No Comments

IRVINE, Calif., Feb. 4, 2013 /PRNewswire/ – Prudential Real Estate, an HSF Affiliates LLC company, today released its end-of-year Outlook Survey, which shows that Millennials and Generation X place a higher importance on and hold more favorable views toward homeownership than older generations. According to the national survey, confidence increased marginally among respondents with 73% at [...]

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