Most U.S. Homes Are Still Worth Less Than Before the Crash

You can’t blame a homeowner in Fresno for viewing the thriving metropolis to its northwest with both envy and dismay. While San Francisco home values have surged since the recession, Fresno’s housing market is stuck in a rut. Less than 3 percent of homes in the city and its environs have returned to their pre-recession peak, according to a new study from Trulia.

May 8, 2017 Patrick Clark

Lawmakers Must Focus on Alleviating California’s Housing Crisis

What a difference a decade makes. Ten years ago, the regional homebuilding industry — like many other industries — faced an uncertain future. The Great Recession dealt a harsh financial blow to our industry that made the prospect of recovery feel like a far-off possibility. Fortunately, after several lean years our industry has started to climb out of the economic doldrums of a few years ago.

Apr 20, 2017 Michael Strech

Surreal Estate

Virtual Reality Tours Give Real Estate Builders And Buyers Room to Play

If you’re going to live in a 3D environment, you need to see a 3D environment.”

These are the words of Stephen Phillips, co-founder and chief technology officer at Theia Interactive, a design firm based in Chico. His company creates VR tours for people looking to build or buy homes, cars and yachts. It was one of the four startups to come out of the Green Screen Institute’s first accelerator program.

Mar 21, 2017 Russell Nichols

Elk Grove Ranked a Top Spot for Young Homebuyers

Young people are flocking to the Sacramento region’s suburban areas. A recent SmartAsset report — that defines millennial homebuyers as under age 35 — found that Elk Grove sits at the No. 2 spot in the U.S. for millennial home buying. In Elk Grove, “the homeownership rate for millennials was 60 percent in 2015,” according to the report.

Mar 15, 2017 Lillie Apostolos

Nehemiah Corp. Shuts Down Most Operations

Nehemiah Corp., a social enterprise nonprofit that has spent two decades developing programs that help low-income people afford homes, is winding down most of its operations, the company has announced.

Feb 21, 2017 Allen Young

Safety First

For construction workers, safety training is about more than wearing a hard hat

There’s an ethical reason to follow safety measures on construction sites, but there’s also financial reasons. The first is obvious: It’s simply the right thing to do to take care of your employees and ensure their workplace safety. The second is that insurance rates can skyrocket for companies that have numerous on-site injuries and incidents. It’s worth the time and investment in safety training, in order to save tens of thousands of dollars, he says.

Feb 21, 2017 Robin Epley

Red State Homes Are Luring Young Blue Buyers Inland

Dayton, Ohio, gave the world the Wright Brothers and the electric cash register. As recently as 1990, manufacturing jobs there were the backbone of the local economy. But in the two decades since, the area has lost thousands of blue-collar jobs, and the local housing market still wears the scars of the foreclosure crisis.

Dec 8, 2016 Patrick Clark

How To Get A New Facility Without Bankrupting Your Nonprofit

It’s a big job, fundraising for a cause as well as for a new construction project. You dream big — you’ve always been good at that. But how do you navigate the twisted way from the dream of a shiny, new headquarters to the steel and concrete reality of one?

Nov 22, 2016 Robin Epley

Untying The Traffic Knot

The effort to keep the Sacramento Kings in town showed what a community can do when everyone rallies around a cause. Now that the Golden 1 Center is opening and fans are coming downtown to enjoy the Kings, it’s bringing many people together again — perhaps too closely.  

Sep 26, 2016 Winnie Comstock-Carlson