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Vacant Construction Sites: A Sign of the Times in the Sacramento Region

March 23, 2009 in Market Trends, Photos from the Field | No comments

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.

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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.

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