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