The Hemet - San Jacinto. CA Valley has something going for it that most people don't easily recognize or understand why it has happened.  We are a sleepy valley off the beaten path of Southern California - the closest freeway on ramp is about 15 miles - and that is hard to find in SoCal!  Our population - for the entire valley is maybe 100,000 - not a big slice considering the millions who live in the Southland.  We certainly are nor a rich or exclusive community - the average home sell for about $130,000 - far less than most other areas of California.

So then why...why does WalMart have not one but two Super WalMarts in our valley...one in Hemet and the other about 5 miles away in San Jacinto?  OK, they both went up while the housing boom was going strong...so what did they know?  What prompted them to invest the type of money they did into our little community?

Then there is the question that begs to be answered...what was the benefit of these two mega department and grocery store combos?  Has it been good for the local economy or a drain?  What type of ripple effect does Super Walmart have ... not only in the local community but across the State of California and the rest of the country.

AM I CONFUSED?

Now I don't know why I think what I did, but I thought when WalMart first came on the scene that they had this streak of red, white and blue running through their corporate veins and only sold American made products.  I cold be wrong but I think I can remember human interest news stories about small companies that exploded with a WalMart contract.  Maybe I'm confused...

I don't do a lot of shopping at WalMart - but they are the only store that carries multiple-flavors of Ensure - a diet supplement that has kept my wife alive as her primary source of nutrition for a couple of years now (my wife, Sherri, is a long term cancer patient).  While I was there, I walked the aisles...I was amazed that everything is made in China.  Now I don't know for certain, it's not like I went down aisle after isle looking at every product - but every product I picked up and looked at was made in China...

So, does anyone have any idea as to what happened...maybe the anser is in this short video...



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Until Next Time, Have a Blessed Day,

John Occhi, ePRO & Five Star Certified REO REALTOR®
www.JohnOcchi.Com
Hemet - San Jacinto Valley, CA 
The Excellence in Real Estate Team @
Allison James Estates & Homes
2281 W. Esplande Ave, #102-B
Next to "Starbucks"
San Jacinto CA 92582
(951) 654-5550

ePro,John Occhi,www.johnocchi.com,realtor     Five Star Logo,Certification,REO,Five Star Institute LeTip,Networking,John Occhi,www.JohnOcchi.com

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12 Comments on Do Big Box Stores have a Negative or Positive effect on Real Estate Values?

NOV
13
1 Featured Post Outside Blog

No lie. Wal-Mart was on my errands list today. NOT now. Not now that you've reminded me what they are about.

7:32am • #1
Outside Blog

John, this is an interesting observation and study in whether big stores are actually benefiting our local economies.  I guess this is why Wal-mart has been resisted when communities hear they plan to build.

7:33am • #2
568,655 Points 95 Featured Posts Localism Sponsor Outside Blog Hit Router

John, we finally got a Walmart in our area. It was fought, disputed and finally won...years later. It is so close to my house, I am there all the time to get milk for $175.00 instead of 3.50.

I also like their homemade bisquits.

 

7:40am • #3

I don't care for Walmart - to me it is a cold, sterile environment.  Interesting questions.  One would think that with demographic studies and all, that they would have had great expectation for your area in terms of new residential growth.

7:47am • #4
Outside Blog

John, I read somewhere that 85% of america shops at Wal-Mart at least once a year.  Most communites seem to have a love-hate relationship with the Big-Box variety of store. 

8:35am • #5
519,385 Points 52 Featured Posts Localism Sponsor Outside Blog

The whole outside of American goods bothers me (along with services too.)  It is hard but I prefer not to do business with Big Box.  There are SO many small sellers on ebay, craft shows, online retailers that hand make American goods.  We even have a local farmers market that I LOVE to grocery shop at.  I buy essentials at Costco (yea yea same thing.)

With the economy the way it is, I go way out of my way to buy American (although sometimes it is hard.)  We drive three Fords.  I am an accomplished seamstress (didja know that?)  I buy vintage materials (that WERE made in the US once upon a time) and make handmade quilts for baby gifts.  My dogs collars are even hand made by me, myself and I.  I have a ratty old comforter because I am almost done making a quilt that I have been making for two years and REFUSE to go to big box to buy a new one!

We need to get back to the basics of reduce, reuse, refurbish and recycle...........and keep our money IN THE US!

9:30pm • #6
223,996 Points 8 Featured Posts Localism Sponsor Outside Blog

Barbara,

I know we have lost more than a handful of local businesses since thye both opened up.  It was one thinkg to have a regular WalMart, a Target, and even a Kmart - but now we have the 2 Supers - and they are monster stores...

9:55pm • #8
223,996 Points 8 Featured Posts Localism Sponsor Outside Blog

Missy,

You are right the prices are right...now I'm guessing the milk never crossed state lines but you know where most of it comes from.  So what are we to do.  I don't want to sound all moral and such, but the answer has to be what is best for my community is best for me...otherwise how do we deal with any situation if it is all about me and not society.

Just asking, but is this part of our sense of entitlement? 

I just wish I asked more questions when I was younger - I don't know why all of a sudden I have to question everything.  It was so much easier to go along for the ride...

John

9:58pm • #9
223,996 Points 8 Featured Posts Localism Sponsor Outside Blog

An, thanks...and yes, they obviously figured something out - it's like Home Depot showing up before the first new homes are finished in an area.

John

10:00pm • #10
223,996 Points 8 Featured Posts Localism Sponsor Outside Blog

Chain...what is wrong with the other 85% - maybe they are too far away?

Love Hate - that is true, I'm sure

John

10:01pm • #11
223,996 Points 8 Featured Posts Localism Sponsor Outside Blog

Renee,

Wow, learning more about you all the time...Hats off for your efforts.  I too am a FORD MAN.  I drive a F250 and just lost my Mercury when I was in an accident in July and have not yet replaced it. 

We really do need to focus on what is best for our society - and not the members of society.  We have to stop the entitlement process and get back to making this country work.  Can you imagine a WW2 situation where we had rationing and such...it would be so difficult to pull off today.

John

10:04pm • #12

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John Occhi, ePRO, Hemet-San Jacinto CA Real Estate, 951-443-6259

Hemet, CA

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Allison James Estate and Homes

Address: 2281 W. Esplanade Ave., #102-B, Hemet - San Jacinto Valley, San Jacinto, CA, 92582

Office Phone: (951) 654-5550

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