Local Home Builder Plans to Open at Least Nine New Communities in the Central Valley This Year
VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) was the most active builder in the San Joaquin Valley in 2023, despite a sluggish market due in large part to high mortgage rates. The local homebuilder closed on 549 newly constructed homes, generating revenue of more than $241 million.
SJV Homes pulled more permits in both Kings and Tulare counties in 2023, more than any other national or local homebuilder, according to data provided by the Construction Monitor, which tracks building records nationwide.
“As we embark on another exciting year, we’re optimistic about the opportunities ahead in the Central Valley housing market,” said Joe Leal, co-founder of SJV Homes. “With interest rates becoming more favorable, we’re poised to keep up a healthy pace of acquisitions and home building with solid sales rates in 2024.”
SJV Homes sold out three communities and opened two new neighborhoods last year. In 2024 it plans to open nine communities – plus the expansion of existing communities – that will provide an additional 1,600 new homes to the valley.
· Brookside (111 lots) & Laurelwood (118 lots) in Porterville
· Sycamore Ranch (92 lots) in Visalia
· Stonebrook (133 lots) & Granite Hills (156 lots) in Goshen
· Blossom Hill (289 lots) & Somerset (187 lots) in Sanger
· Falcon Ridge (82 lots) & Wrenwood (89 lots) in Delano
· Montebella (113 lots) in Dinuba
· Maplewood (87 lots) in Visalia
· Hidden Oaks (157) in Hanford
SJV Homes celebrated its 10th year anniversary last summer, and recently closed its 4000th home since its founding in 2013. It presently has homes available in the cities of Delano, Dinuba, Hanford, Kingsburg, Reedley, Tulare and Visalia.
Currently, homes are available in these communities:
Tulare County
· Maplewood, Visalia
· Vista del Sol, Visalia
· Cypress Park, Tulare
· Kensington, Tulare
· Montebella, Dinuba
Kings County
· Bella Vista, Hanford
· Bonterra, Hanford
· Hidden Oaks, Hanford
· Sterling Oaks, Hanford
Fresno County
· San Rio, Reedley
Kern County
· Pheasant Court, Delano
· Quail Run, Delano
About San Joaquin Valley Homes
San Joaquin Valley Homes (SJV Homes) is a local homebuilder with deep roots in and a strong commitment to the Central Valley. Founders Joe Leal, Jim Robinson and Randy Merrill share a vision to build quality new homes in carefully planned neighborhoods for people who love the Valley and want lasting value. In 2013, SJV Homes combined forces with Presidio Residential Capital, a real estate development management firm in San Diego. It has since closed more than 4,000 homes and is now one of the busiest homebuilders in the San Joaquin Valley. For more information, please visit www.sjvhomes.com.
