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.
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.
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.
Now that millennials are older and starting to have kids, the economics of schools and space are driving many of them to the suburbs, just as it did their parents.
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.
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.
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.
The housing crunch is a problem affecting both the working class and the professional class. Workers move to the area lured by lucrative resort jobs, then find themselves stuck when the cost of housing nearly outstrips their pay.
Roseville’s downtown — once the civic core — is now off the beaten path, given how the city has developed over the years, spreading out with subdivisions and new thoroughfares that keep people away from this original urban center.
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.
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?
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.
About one year ago, Mayor Kevin Johnson introduced a new downtown housing initiative called “In Downtown” to develop 10,000 places to live in downtown by 2025. The privately-funded M.A.Y. Building, which includes 21 residential units, is the first project to open in downtown since the initiative’s launch.
This week, the Greater Sacramento Urban League is returning to its Oak Park roots, first with temporary digs on 3rd Avenue and then, in September, the nonprofit organization founded locally in 1968 will open a satellite office on Alhambra Boulevard.
Tim Egkan was a man more fixated on the potential of things than their immediate utility. He had a bright vision for Stockton’s beleaguered central core. Now, the community he left behind has a mission to see it brought to life.
A veteran’s inability to find and keep employment is a main cause of homelessness, according to Bettis. A stable income and stable housing go hand-in-hand. That’s where the VOA of Northern California and Northern Nevada comes into play.
In a state with more than 10,000 schools, spread throughout some of the most diverse climates anywhere in the country, is it even possible for cash-strapped school districts to find ways to improve the quality of California’s education through green design?
After plans for a massive upgrade to the historic Crystal Ice and Cold Storage building went up in smoke, Mike Heller and his team were forced back to the drawing board — here’s how they forged ahead.
When River Cats season ticket holder Jared Pane and his family lower their kickstands at the Raley Field stadium bicycle valet, he breathes a little easier. He knows their fanatic support of the West Sacramento minor-league team is not only a fun tradition, but also good for the environment.
Some homes seem to ask for a coat of paint, maybe a patch or two. Others cry out — shriek, actually — to be made over entirely. “Clear away the clutter,” these houses would say, if they could talk. “Get some light in here! No more wallpaper.