Flipping Homes In Sacramento On The Decline, Study Says

March 8, 2018 | Steve Milne

The dwindling supply of low-priced homes in Sacramento means fewer properties are being purchased, fixed-up and then put back on the market within a 12-month period, known as flipping. About 2,200 homes were flipped in 2017, down 2 percent from 2016.

Higher Crude Oil Costs Pushing Gas Prices Up

February 12, 2018 | Steve Milne

Sacramento area gas prices are currently averaging around $3.16 a gallon - 45 cents above where they were a year ago. Analysts say the increase is due to higher crude oil costs and warn that prices could be 20-50 cents higher by Memorial Day.

State Government

It's Now Legal To Buy Pot In California, But Red Tape Could Slow Supply Chain

January 1, 2018 | Julia Mitric

California has launched a legal marijuana marketplace. Many inside and outside the cannabis industry likened the regulation efforts to building a plane while flying it. So how bumpy will this ride be?

Business

California's Jobless Rate Drops Slightly To 4.9 Percent

November 17, 2017 | Chris Nichols

California employers added nearly 32,000 jobs in October, according to state figures released today.

Food and Sustainability

California Citrus Outpaces Florida But Risk From Bacterial Disease Remains

September 11, 2017 | Julia Mitric

California produced a greater volume of citrus than Florida for the first time since the end of World War II. The pest that's ravaged Florida's citrus industry serves as a cautionary tale for California growers.

Investors Buying More Home Foreclosures As Inventory Declines

July 20, 2017 | Steve Milne

Banks are repossessing fewer Sacramento area homes, according to new numbers out today. It's great news for homeowners. But it means fewer opportunities for first-time home buyers who don't have a lot of money to spend and are looking for discounts.

Business

Over-Parenting Reported By One Out Of Four Companies

July 5, 2017 | Steve Milne

Some human resource managers in the Sacramento area are complaining about an unwelcome new trend: over-parenting in the workplace. A poll released today finds 25 percent of companies recently heard from an employee's parent.

Business

California Economy Expected To Grow More Slowly

May 30, 2017 | Amy Quinton

A new economic forecast shows slower economic growth for California compared to recent years.

Food and Sustainability

Salvation Army Pilot Program Offers Job Skills In The Kitchen

May 25, 2017 | Julia Mitric

It's graduation time for seven culinary apprentices in Sacramento who might otherwise be homeless. They are the first class to graduate from a pilot job skills program for residents of the Salvation Army's homeless center.

Food and Sustainability

Asparagus Season Brings Choices For California Shoppers

April 21, 2017 | Julia Mitric

Asparagus is grown in the Delta, the San Joaquin Valley and the Central Coast. California grows over 70 percent of the asparagus consumed in the U.S. but the state's asparagus production has declined 15 to percent annually since 2000.