Thursday, April 17, 2008

Fresno Real Estate

Fresno Real Estate

With a total land area of over 270 square kilometers, Fresno is the 6th largest city in the state of California. Fresno can be found in the state’s Central valley. The city is known as a center of culture in the metropolitan area where it is a part of.

Fresno is composed of several neighborhoods. These include the celebrated Downtown area, the culturally diverse Tower District, the historic Huntington Boulevard, the affluent neighborhoods of Sunnyside and Old Fig Garden, and the airport community of Sierra Sky Park, to name a few.

Fresno is the proud home of a number of tourist attractions, among which are the Fresno Art Museum, Arte Americas, Bentley’s Patio, the Nonini Winery, the Fresno Philharmonic and the Riverpark Shopping Center. Fresno boasts of three parks open to the public, namely Woodward Park, Roeding Park and Kearney Park. The Fresno Metropolitan Museum, or simply the Met, has displays of various exhibitions. The Save Mart Center, an indoor arena, is a popular location for various kinds of entertainment acts, such as musical concerts and sports events. The Forestiere Underground Gardens is also a famous tourist site. Chukchansi Park also hosts minor league games for the Fresno Grizzlies. The Art Hop exhibit by the Fresno Art Council features the works of various Fresno artists once a month. The Fresno Filmworks festival occurs every year, showcasing a variety of independent and foreign films. The Rogue Festival, which usually takes place in March, is an arts festival that also gathers huge crowds of people.

There are several institutions offering education in the Fresno area. These include California State University Fresno, the San Joaquin College of Law, and the University of California San Francisco, which has a medical education program.

In recent times, Fresno’s economy has received a major overhaul. Rather than relying mostly on agriculture, increasing development projects have been undertaken in the city, converting previously rural agricultural land to urban housing and industry. There is a continuing expansion of both the residential and commercial real estate market in Fresno.

Fresno is very accessible to several recreation areas in California, such as the Yosemite National Park and the Sequoia National Park. Because of its ideal location, the city is a primary gateway and a major stopover for tourists. This has further supported the growth of the real estate industry in the area.

As with the rest of California, the prices for real estate in Fresno have gradually increased in the last few years. However, when comparing the prices among nearby areas, the real estate in Fresno is still relatively more affordable than most of the real estate in other cities in California. Thus, more and more people living in other California cities are deciding to relocate to less expensive houses in the Fresno area. There has also been an increase in the number of investors buying rental units in Fresno.
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