Yesterday I wrote about the Plumas Lake real estate market, and since I inspected a property in Olivehurst today (just north of Plumas Lake), I figured I’d include a few supplementary images of the area.
This photo was taken today in the southern portion of Plumas Lake (Cresleigh Meadows / Plumas Ranch). Vacant residential lots are commonplace these days and seen in the Plumas Lake area and throughout the Sacramento Region in many cities and counties.This vacant lot is located right across the street from a brand new park, and I loved the contrast of residential cables, brown grass and grazing sheep.
Many newly constructed communites have “coming soon” signs for future residential and commercial construction. In general there is not enough profitability for local builders at this time, so postponed construction during the economic downturn is very standard protocol. Just think of how many jobs (and excited residents) there will be when the economy turns around and building can resume.
www.SacramentoAppraisalBlog.com Sheep in Plumas Lake: Photos from the Field