Erin Stumpf, a broker associate at Dunnigan Realtors, gives her perspective on real estate in Sacramento. For more from Stumpf, check out “The Great Millennial Migration,” in our March issue. Sign up for our newsletter and we’ll email you when it’s available online.
What’s the biggest change in your industry in the past year?
Last year, I was encouraged to see that California took steps to remove barriers to creating additional housing units. For example, the legislature passed a bill to streamline the process of adding secondary units, aka ‘granny flats,’ to residential property. The City of Sacramento is now bringing codes into compliance with state law to ensure ease of granny flat construction.
What do you foresee as the biggest change on the horizon in the year to come?
In 2017, it’s nice to see construction of new residential units in the greater Sacramento area. We have some neat infill projects both in and around the downtown core and in the suburbs. It was a priority for former Mayor Kevin Johnson to build 10,000 more housing units, and his vision is coming to fruition. I am pleased Mayor Darrell Steinberg shares this similar vision for the creation of new housing units, and I’m very encouraged that he has added homelessness as an integral part of his housing plan. I am optimistic we will continue to see more building throughout 2017.
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