Vacant Construction Sites: A Sign of the Times in the Sacramento Region
I snapped the following photos in Los Banos, CA last week while on an inspection. Vacant construction sites are quite common in today’s market throughout the Sacramento Region. The view is fairly typical - a paved street, curbs and driveway entrances prepped, wiring ready…. but no houses being built. It’s like a ghost town in a sense. I see this situation everywhere from Rancho Cordova to West Sacramento to Atwater to Yuba City.
There are many streets throughout counties surrounding the Sacramento Region which face a similar phenomenon. This is a sign of the times and a lesson in supply and demand too.
Related posts:
- The smell of new construction in Sacramento & Placer County
- Land, Ho! Are vacant lots moving in Sacramento?
- Seeing pockets of new construction in Elk Grove
- Crunching foreclosure stats and market health in the Greater Sacramento Region
- A whiff of new construction in Sacramento County
Tagged as: Decline in Construction in Sacramento Region · Sacramento Appraisal · Sacramento Appraiser · Sacramento Home Appraiser · Sacramento Real Estate Appraisal · Sacramento Real Estate Appraiser
