We're planning a four-part panel series on California's Crazy Housing Market, taking a look at why it's crazy, can it ever calm down, and what can be done -- economically, politically, and locally -- to make it easier for renters and homebuyers to afford a roof over their heads in this state.
This first panel is a 360-degree overview of the housing market (the other three will be about Affordable Housing, Gentrification, and the love-it/hate-it effects of the California Environmental Quality Act). We focus on the Sacramento area's real estate and rental markets -- who and what are affecting the prices, what's the forecast for 2017, will anything change, what renters, home owners and potential buyers should know, and other burning questions from frustrated renters and potential homebuyers.
* Tom Bannon, CEO of the California Apartment Association
* Ryan Lundquist, a residential appraiser who writes the Sacramento Appraisal Blog
* Mike Paris, founder and president of BlackPine Communities, which built The Creamery and Curtis Park Village in Sacramento,
* David Tanner, CEO of the Sacramento Association of Realtors
* Ling Tseng, residential and commercial real estate broker for Lyon Real Estate
* Ben van der Meer, staff writer for the Sacramento Business Journal who covers real estate, development and construction
0 to 6 minutes - Intro to California Groundbreakers
6 min - Panelists introduce themselves
18:30 min - How Sacramento's real estate market did in 2016 -- and how different will 2017 be?
22:30 min - The appraiser's POV on the real estate market and rising prices
27:10 min - What stops and starts are affecting new housing developments here?
29:30 min - The homebuilders' POV: Is it harder or easier to build these days?
33:30 min - Is Sacramento still a great place to invest in real estate?
38 min - How hot is Sacramento's rental market?
43:20 min - Why the Sacramento region overall (i.e., El Dorado, Placer, Yolo Counties) is like a Hot Pocket
49:10 min - Can local and state government do anything to help homeowners and renters out?
55:45 min - How will the Trump Administration help or hinder our housing market?
59 min - The "Bay Area Effect" on Sacramento's housing market
1 hour, 2:25 min - I'm almost 30 and I worry that I can never afford to buy a home . . . is there any hope for me?
1 hr, 10: 55 min - What new types of housing are being built?
1 hr, 13 min - How will the City of Sacramento's skyline change in the future?
1 hr, 15 min - Rent control's effect on the housing market
1 hr, 22:20 min - The NIMBY factor
1 hr, 25 min - Can microhousing work here?
1 hr, 29 min - What does an "Innovative home" look like in Sacramento?
1 hr, 39:15 min - The future of home lending -- are all-cash offers the only way to go?
1 hr, 44:50 min - How dense can we build housing here?
1 hr, 46 min - How do homebuilders take the "uniqueness of Sacramento" into consideration when planning future developments?
1 hr, 49 min - Can rents ever go down when the housing bubble isn't bursting?
1 hr, 51 min - Where did the construction workers and trade labor go, and can we ever get them back?
1 hr, 53 min - Crystal-ball predictions for what will happen in the housing market this year