Communities in the Capital Region are struggling with the increasing numbers of homeless in their streets and parks and have realized that the problem has to be addressed. Local programs help by providing meals and winter shelter. But the primary need is year-round, permanent supportive housing, because living in tents or on park benches is not a sustainable way of life.
Through the first four months of 2017, our industry has completed an impressive 1,888 new home sales. Underscoring the uptick in the homebuilding industry’s economic fortunes, in March we sold more than 500 — 527 to be exact — homes in a single month for the first time in a decade.
San Francisco, which in recent years had the biggest home-price gain in the U.S., was the country’s weakest market in the first quarter, with values falling for the first time since 2011.
With the increase in female representation across the homebuilding and homebuying spectrums, the building and real estate industries have an opportunity to target this growing market, which could shift the way homes are designed, built and sold.
Kandace Mulvaney, a broker with boutique agency Miller Real Estate in Sacramento, offers her insight into a big trend happening in local real estate. For more from Mulvaney, check out “Homemakers” in our May issue. Sign up for our newsletter and we’ll email you when it’s available online.
What drives a small grocery store to grow? The answer is customer demand at Compton’s Market in East Sacramento, an established neighborhood with beautiful houses and tree-lined streets.
A vibrant urban core is one in which the people who live there never even have to leave the neighborhood to experience concerts, sporting events and live entertainment, and who can walk to bustling restaurants of all food genres.
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.
Because the current generation of young adults and professionals prefer urban lifestyles to the spacious lawns and ample suburban backyards of their predecessors, Tuttle says the Sacramento region has an unprecedented opportunity to turn its riverfront into a tie between the two cities.
As the Capital Region rallies around renewed homelessness talks and discussions on the impact of rising rent, one nonprofit has already worked for the last 17 years at the intersection of homelessness and affordable housing.