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Biz News Around Tulare County: Home Sales Up

Faggart Buick Selling To Merle Stone In Porterville

A public bulk notice has been published announcing the sale of the Faggart Buick business to Merle Stone in Porterville. The transaction is set to be final  by December 12. The dealership is located at 133 S Main but the sale does not appear to include it.

Tulare County Jobless Rate Falls To 11.6% From 13.2% In October 2013

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The unemployment rate in the Tulare County was 11.6 percent in October 2014, up from a revised 11.1 percent in September 2014, and below the year-ago estimate of 13.2 percent. This compares with an unadjusted unemployment rate of 7.0 percent for California and 5.5 percent for the nation during the same period.

Homes Sales Rise In Tulare County

Tulare County home sales were up in October says DQ News. Year over year sales of all homes,new and used, was up 9.2% and the median price jumped 12.4 % to $176,500 from $157,000 a year ago. The numbers were the best in the So Valley.New homes sales were strongest at 77 compared to 53 in October 2103.The average price of a new home in the county is up 31.5% from $187,500 to $246,500. Despite the increase, the average price is one of the lowest in the state.

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