Diana Aguilera / Valley Public Radio

Up to 1800 residents living in an apartment complex in Fresno have been without heat or hot water after several gas leaks were discovered. FM89’s Diana Aguilera reports how long these residents could be without basic necessities.

Tenants at the Summerset Village Apartments have been without natural gas for 12 days. They can’t cook, they don’t have hot water, and the heaters don’t work. The majority are Southeast Asian refugees with many elderly and young residents.

17th Place Townhomes

Downtown Bakersfield is about to get another new housing development. Officials including Mayor Harvey Hall are celebrating the groundbreaking of the 17th Place Townhomes. 

Project manager Austin Smith says the 3 story,  44-unit complex is the first market rate luxury housing development in downtown Bakersfield in years. 

Fits and Starts: Bay Area Housing Boom Prices Out Some People

Oct 13, 2014
Capital Public Radio / KPCC

Editor's Note: Five years after the Great Recession officially ended, the California economy looks like a patchwork quilt. All this week, we feature a series from our partners at Capital Public Radio and KPCC on how the strength of California’s economic recovery varies depending on where you live. Capital Public Radio’s Ben Adler kicks the series “Fits and Starts” with a look at the Bay Area, where the tech boom has driven the unemployment rate down – and housing prices up.

  The recession hit Damon Grow swiftly and very hard.

Faith in Community

If you drive through many older parts of Fresno or other cities throughout the valley, chances are you'll see a number of boarded up homes. In many cases, they're not just an unsightly issue but one tied to everything from public safety to property values. Now a faith-based group Faith in Community has launched a new effort to find a solution to this problem, with an event called Blight to Light. We recently spoke about the project with Janine Nkosi, a Fresno State professor whose students are working to document the city's many blighted properties.

Andrew Nixon / Capital Public Radio

A California ballot measure before voters next month would redirect $600 million of pre-approved funds to build housing for low income and homeless veterans. Pauline Bartolone has more from Sacramento. 

Forty-eight year-old Matthew Meissner says when one thing goes downhill, everything else follows. He became disabled in 2009, stopped working, moved in with family, then last year, found himself sleeping wherever he could in Sacramento.  

Homeowner Bill of Rights Gets Mixed Reviews Nearly One Year On

Oct 23, 2013
Joe Moore / Valley Public Radio

California’s Homeowners Bill of Rights is nearly a year old and both banks and groups representing distressed homeowners say the legislation intended to help distressed mortgage holders is a bit of a mixed bag.

Maurice Weeks is with the Alliance of Californians for Community Empowerment. He says provisions in the law have helped slow the state’s foreclosure rate.

California Legislators Push For Short Sale Tax Relief

Jan 30, 2013
Joe Moore / Valley Public Radio

There’s a push in the California legislature to provide tax relief for struggling homeowners who are forced into short sales.  As Marianne Russ reports from Sacramento, the new legislation has bipartisan support.

A Democratic state Senator introduced the bill, and Republican Senator Joel Anderson has signed on as a co-author.  He says homeowners going through a short sale need help.

"Let’s not kick them when they’re down," says Anderson.

Valley Public Radio

Today on Valley Edition, we talk with local author Armen Bacon about her new book "Griefland" and learn how a friendship grew out of the tragic loss of her son. We'll also talk about how tragic circumstances can change lives. Peter Nazaretian, a licensed marriage and family therapist, also joins our discussion.

Foreclosure Process Speeds Up in California

Oct 11, 2012
Joe Moore / Valley Public Radio

Banks are speeding up the home foreclosure process in California, according to data out today. But one analyst says the process may start to slow down again.

It took lenders an average of 335 days, or about 11 months to complete the foreclosure process on California properties in the third quarter.

Daren Blomquist with foreclosure listing service RealtyTrac says that was down three percent from the previous quarter and an eight percent drop from a year ago.

"These foreclosures, if they’re going to happen, it’s better that it’s more like a band-aid that you rip off."

Joe Moore / Valley Public Radio

Data out today show a big spike in the rate of California homes purchased and resold within six-months.

People in the real estate business call it “flipping.”

“Flipping is the process of buying a home or other property, usually at a discounted price, improving that property through rehab and repairs and then reselling that.”

Daren Blomquist is with RealtyTrac. The research firm has released new nationwide figures on flipped properties.

“Not surprisingly the state with the most flips in the first-half of 2012 was California with nearly 26,000.”