ROSEVILLE (CBS13) – Construction on new homes is seeing a resurgence in Roseville.
The city council just approved plans for more than 500 homes – and more are on the way.
Construction crews are on pace to pound out 1,000 new homes this year. That’s nearly 20 percent higher than last year, and more than double the number of homes built six years ago.
“There certainly is pent up demand for housing,” said Chris Robles, Roseville’s economic development director.
And city leaders say the local economy is benefiting from the boom.
“Historically, Roseville has relied on construction as a significant component of our jobs,” Robles said.
Longtime Roseville realtor Angela Collins says the surge in new home construction is being driven by demand.
“It is the busiest year I’ve ever had,” Collins said. “We need new homes to sustain the amount of people that want to buy.”
But some are concerned the new construction could drive down prices for people trying to sell their existing homes.
Collins says that’s not necessarily the case.
“I think that there’s enough sellers out there that we need re-sales and new homes, and I don’t think it’s a direct hurt to any seller” Collins said.
So while new home construction is still not near its pre-recession peak, the city is still on track to meet their goal of having 20,000 new homes in the next decade.
“Given the amenities and the desirability of Roseville as a community, I’m very optimistic on the construction,” Robles said.