Pro Builder

JULY 11, 2022

Five of the nation's 10 fastest cooling housing markets are located in California, and three are in the San Francisco Bay Area alone. All 10 of the fastest cooling housing markets are located in the American West, and five are in California, Redfin reports. After San Jose, Sacramento is cooling fastest, followed by Oakland.

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Pro Builder

DECEMBER 17, 2021

Home Price Gains Expected in Unseasonably Warm Winter Housing Market. Zillow’s November 2021 market report shows strong activity in a typically slow season for the housing market. The slowest monthly growth in November was in Milwaukee (0.3%), followed by Pittsburgh (0.3%), Detroit (0.5%), Buffalo (0.5%) and Sacramento (0.5%).

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Housing Nashville Inventory Milwaukee 59

Pro Builder

DECEMBER 20, 2022

Home sales are slowing nationwide as mortgage rates continue to rise, but those still active in the for-sale market are headed to popular Sun Belt cities for warmer weather and greater housing affordability. After Sacramento, Las Vegas was the most popular migration destination in November. Housing Markets. Housing Markets.

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Pro Builder

FEBRUARY 22, 2021

Californians Are Fleeing the Golden State—What’s Keeping its Housing Market Strong? Despite residents escaping California’s high housing costs and fleeing to nearby states, its southern market remains resilient, with homes selling within record time. cbroderick. Mon, 02/22/2021 - 09:07. It remains a place people want to live.

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Pro Builder

NOVEMBER 29, 2022

Coastal homebuyers bogged down by record high housing costs are relocating to more affordable Sun Belt metros to get more bang for their buck. Sacramento, Las Vegas and Miami were the most popular destinations for Redfin.com users looking to relocate, followed by San Diego and Tampa. Housing Markets. Housing Markets.

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Pro Builder

FEBRUARY 17, 2023

On a year-over-year basis, rents are down 1.0% in Las Vegas, and barely up at all in Phoenix (1.1%), Sacramento (2.1%), Baltimore (2.6%), and New Orleans (2.8%). Read more Housing Markets Build to Rent Affordability Housing Markets Read more Housing Markets Build to Rent Affordability Housing Markets

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Pro Builder

APRIL 19, 2023

Next came Austin, TX (-13.7%), Sacramento, CA (-11.9%), San Jose, CA (-10.5%) and Oakland, CA (-9.7%). Read more Housing Markets Affordability Market Data + Trends Housing Markets Read more Housing Markets Affordability Market Data + Trends Housing Markets The median U.S. home sale price fell 3.3%

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ENR Construction

SEPTEMBER 30, 2019

million, 72,000-sq-ft expansion provided numerous amenities, including large social areas and small study spaces, game rooms, lounges, conference suites, shops and a coffee house.

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Sacramento Union Education Conference 49

Pro Builder

MARCH 1, 2023

of Redfin.com users planned a move to a different metro area in January, as elevated housing costs drove up homebuying demand in relatively affordable markets. Half of the 10 most popular migration hotspots were located in Florida, with Miami claiming the top spot, followed by Sacramento, Calif.,

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Pro Builder

APRIL 19, 2023

Next came Austin, TX (-13.7%), Sacramento, CA (-11.9%), San Jose, CA (-10.5%) and Oakland, CA (-9.7%). Read more Housing Markets Affordability Market Data + Trends Housing Markets Read more Housing Markets Affordability Market Data + Trends Housing Markets The median U.S. home sale price fell 3.3%

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Pro Builder

MARCH 25, 2021

Realtor.com’s round up of the hottest housing markets typically included San Jose and San Francisco, but more affordable markets near cities are dominating. These areas are within commuting distance of Sacramento and San Francisco and are relatively cheaper than them. Housing Markets. Housing Markets. Read More. .

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Pro Builder

JANUARY 24, 2023

While an unfavorable buying landscape is causing some house hunters to migrate to more affordable parts of the country, it’s also forcing some to postpone their purchasing plans altogether. Markets such as Sacramento, Calif., Read more Housing Markets New-Home Sales Housing Markets

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Pro Builder

JULY 26, 2022

Surging mortgage rates are already cooling down an overheated housing market, but a continued economic downturn will hurt some regional housing markets more than others. On the contrary, Riverside, CA is the most likely to see its housing market cool further if the U.S. Housing Markets. Housing Markets.

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Pro Builder

MARCH 23, 2023

Meanwhile, Sacramento, Calif., Today’s buyers are also able to save money in other ways: Nearly half of sellers are offering concessions, like helping pay for a mortgage-rate buydown or covering closing costs, to attract buyers.” Read more Housing Markets Affordability Financing House Review

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Pro Builder

AUGUST 28, 2020

“I’ve had buyers drop out of their search in the Bay Area because they’re moving to Sacramento or Texas, and I’ve had people moving over to Pleasanton because it’s less expensive than San Francisco. Everyone wants a bigger house and a bigger yard, and they want to pay less.

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San Francisco Sacramento Las Vegas Phoenix 59

BD+C

NOVEMBER 22, 2019

A proposal by Sacramento Municipal Utility District could undercut California’s mandate requiring solar panels on almost every new home. Home builders have warned that the state’s solar mandate will drive up already high housing costs—adding almost $10,000 to the price.

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Pro Builder

SEPTEMBER 21, 2022

are crunched for affordability amid rising mortgage rates and persistent inflation, and in order to curb skyrocketing housing costs, a record share of prospective buyers are moving away from expensive coastal markets, Redfin reports. Housing Markets. Housing Markets. Housing Markets. Homebuyers across the U.S.

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Pro Builder

AUGUST 15, 2022

Buyers are relocating to new cities for more affordable housing and a change of scenery. Surging mortgage rates and home prices are motivating a record number of Americans to relocate for affordability even as the housing market cools at its fastest pace since the start of the pandemic. Housing Markets. Housing Markets.

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Pro Builder

AUGUST 30, 2022

As mortgage rates spike and whispers of a housing recession cause buyers to delay their home purchases, sellers are beginning to slash their asking prices to rein in what little competition remains. Sacramento, Calif., Housing Markets. Housing Markets. and 51.6%, respectively, Forbes reports. North Port Fla.

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Pro Builder

MAY 20, 2021

market while housing inventory is down, resulting in a competitive market, but these metros are the most competitive. Sacramento-Roseville-Folsom, CA. Sacramento-Roseville-Folsom, California ranks in the bottom 40% of metro areas for all three metrics. Housing Markets. Housing Markets. cbroderick. Read More. .

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Pro Builder

JULY 19, 2022

of Redfin users searched for homes outside of their metro areas in the second quarter of 2022 as surging housing costs make cities like San Francisco or San Jose unaffordable and destinations like Tampa and San Antonio more attractive. Housing Markets. Housing Markets. A record high 32.6% New-Home Sales.

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Pro Builder

MARCH 23, 2022

The Sun Belt region is attracting the largest share of newcomers fleeing pricey metros for warm weather and low housing costs, but as regional demand surges in the nation’s top markets, prices are rising quickly, and locals are struggling to keep up. . Housing Markets. Housing Markets. New-Home Sales.

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Las Vegas Phoenix Sacramento Metro 52

Pro Builder

DECEMBER 6, 2022

A slight improvement in affordability is causing a gradual increase in buyer demand, but until a nationwide market correction more effectively slows sales and prices, buyers and sellers are still daunted by historically high housing costs, Redfin reports. in Sacramento and 1.3% Months of supply surged to 4.1 Prices fell 8.2%

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Pro Builder

JUNE 23, 2022

They included Butte County (Chico), San Joaquin County (Stockton), Shasta County (Redding), Solano County (outside Sacramento), Fresno County, Kings County (outside Fresno), Madera County (outside Fresno), Merced County (outside Modesto), Stanislaus County (Modesto), and Kern County (Bakersfield). Housing Markets. Housing Markets.

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Pro Builder

JANUARY 17, 2023

On the other hand, rents are still rising in Sacramento, Providence, and Cleveland, which saw December gains of 2.7%, 0.6%, and 0.5%, respectively. . Americans’ demand for housing has waned this year after booming in 2021, thanks to higher costs of rent and generally high inflation. year-over-year growth in February.

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Pro Builder

DECEMBER 5, 2022

Sacramento, CA is home to the largest share of delistings with an average 3.6% Some sellers are having a hard time grasping that we’re not in a housing-market frenzy anymore—it’s tough for them to swallow that they missed the boat on getting a high price,” said Heather Kruayai, a Redfin real estate agent in Jacksonville, FL.

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Jacksonville Sacramento CA Housing 52

Pro Builder

JUNE 8, 2022

Market hurdles like historically low housing supply, surging mortgage rates, and stagnant income growth are keeping first-time buyers sidelined at the start of 2022. First-Time Buyer Affordability Fell Sharply in Q1 2022. Wed, 06/08/2022 - 10:00.

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Pro Builder

MARCH 9, 2022

Others at this end of the list include San Diego (9.2), San Jose (8.3), Sacramento (7.7), Riverside and Miami, both 7.6. Housing Markets. Los Angeles, perennially at the bottom of the affordability list, found homes priced at 11.2 times first-time buyer income, compared with 12.1 last quarter. Market Data + Trends.

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Pro Builder

MARCH 3, 2022

Buyers can expect to see an improvement in the number of homes for sale this spring, a much-anticipated development for housing markets,” says [George] Ratiu. “A A growing share of homeowners [are] ready to move with pandemic-delayed plans, indicating they plan to list their properties.

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CA Metro Sacramento Phoenix 52

Pro Builder

MARCH 3, 2021

Despite low, low housing inventory and rising home prices, first-time buyers accounted for 31% of home sales in the fourth quarter of 2020. On the other end, Los Angeles, San Diego, San Jose, San Francisco, and Sacramento remained the most pricey metros. How Did First-Time Buyers Fare Last Quarter? cbroderick. Wed, 03/03/2021 - 09:04.

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Pro Builder

MARCH 29, 2022

The skilled labor shortage is adding to construction delays and affecting housing affordability. with others slated to open this year in Houston, Phoenix, Sacramento, Calif., The housing industry is hiring. million new hires over the next three years to keep pace with growth and attrition. and Charlotte, N.C.

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Pro Builder

APRIL 23, 2021

San Francisco placed at number one while Boston came in second and Sacramento ranked third. Housing Markets. Variables include the prevalence of electric cars, zero-waste buildings, farmers markets, and environmental protection laws. New York City, for example, ranks at 14, says Realtor.com. Read More. . Environmental. Sustainability.

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Pro Builder

DECEMBER 3, 2020

Low mortgage rates were once helping bolster first-time buyers, but the shriveled housing inventory’s effects outweigh whatever help low rates could provide, says NerdWallet. and Sacramento (6.8). Finding a home within three times of a salary has long been a measurement of affordability. That share dropped to 31% in September.

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Business Facilities

SEPTEMBER 18, 2014

To respond to this demand, Bayer CropScience recently opened its new West Sacramento, CA site, which also serves as the global headquarters of the company’s Biologics Business. The site also houses a Vegetable Seeds research building and will also include a greenhouse and five acres of nearby land for future greenhouse space.

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California Site Sacramento CA 47

Pro Builder

MARCH 15, 2021

How Sacramento Plans to Change Construction Process to Address Housing Needs. Due greatly to construction challenges, California’s housing affordability and shortage are noted as one of the country’s most severe. million housing units from 2000 to 2015, according to the National Association of Home Builders. cbroderick.

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Pro Builder

OCTOBER 12, 2021

to 28.6%, a modest improvement that still leaves local black households near the threshold of being considered housing cost burdened. In Sacramento, black rent affordability suffered notably over the same period, growing from 24.1% The rent burden for black renters in Columbus, Ohio improved markedly between 2019 and 2021 — from 30.7%

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St. Louis Income Metro Oklahoma City 52

Pro Builder

JUNE 18, 2020

With the continued and unprecedented effects COVID-19 has on the housing market, home values have still continued to grow on-pace relative to last year. Home Value Growth Slows, Potential Decline to Come. cbroderick. Thu, 06/18/2020 - 10:27. Even better, the pace is slightly faster than prior months, according to Zillow’s May market report.

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