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Real Estate

Wildfire Risks Are Not Deterring Buyers

Image result for images of forest fires

 

The risk of wildfires isn’t deterring some home buyers from purchasing in an area, even if the area has been struck by blazes in recent years. Real estate prices in wildfire-prone areas are in line with homes in low-risk areas, even immediately after fires, according to a new study.

Americans may watch media coverage of out-of-control blazes, mass evacuations, and even deaths from recent wildfires out west, but that isn’t deterring them from making these areas their home, notes Shawn McCoy, a research economist from the University of Nevada, Las Vegas.

Residential growth in forested areas across the U.S. has significantly risen in recent years, increasing from an estimate 30.8 million housing units in 1990 to 43.4 million by 2010. More people living in such areas puts a greater risk for large-scale natural disasters, researchers note.

Any impact to an area’s housing sales following a wildfire tends to rebound in one to two years after the blazes, researchers note. McCoy expects the same will occur in the recent California wildfires.

“Despite an initial drop in real estate prices in risk-prone areas, the results of our study suggest that homebuyers’ initial fears about fire risk will fade, and development in risk areas may continue to increase,” McCoy says. “This is a problem: A lot of recent work shows that wildfires are not just a result of changes in global climates, but also rapid housing development into forested lands.”

For the study, McCoy and co-author Randy P. Walsh of the University of Pittsburgh examined real estate transaction data from nearly 360,000 properties across eight Colorado counties, which had been affected by 18 severe wildfires between 2000 and 2012. The study has been accepted for publication in the Journal of Environmental Economics and Management.

Source: “Wildfire Risk Doesn’t Douse Housing Demand,” University of Nevada, Las Vegas (Aug. 27, 2018)

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    nevada county fair

    Myra Davies To Be Inducted Into Nevada County Fair’s Hall Of Fame

    Myra Davies
    Myra Davies Nevada County Fair Hall of Fame 2018. Photo courtesy of Nevada County Fair

     

    The Nevada County Fair’s Board of Directors has announced that Myra Davies will be inducted into the Nevada County Fair’s Hall of Fame. The Board recognized Davies for her longtime service and dedication to the Nevada County Fair and for her commitment to local agriculture.

    Davies is a fifth-generation local rancher who lives on her family’s historic Dipper Valley Ranch in Nevada City.  Since retiring from her county job, Davies can often be found on her ranch checking her cows and delivering firewood. “The legacy of the history, the land and the soil are in my soul and part of who I am,” she says. “To me, ranching and farming is not a job, it is a chosen way of life.”

    That love of ranching and farming can be seen in her commitment to the Nevada County Fair and her involvement in community activities dedicated to supporting agriculture and youth in agriculture.  During the Fair, Davies, who has been attending the Fair since she was a child, can be found at the Cattlewomen’s Marian Ghidotti Red Barn and the Nevada County Farm Bureau booths where she works diligently to carry on agricultural traditions.

    In addition to her work at the Fair, Davies has served in various capacities in the Kentucky Flat 4-H Club, including Community Club Officer/President and a Horse and Hiking leader. She currently serves as a Nevada County Farm Bureau Director, President of the Placer Nevada Cattlewomen’s (PNCW) Association, and Chair of the PNCW Beef Ambassador Program. She is actively involved in Ag in the Classroom, a member of California Cattlewomen, National Cattlewomen, Nevada County Republican Women Federated, and Nevada County Grown.

    “I am deeply honored to be inducted into the Fair’s Hall of Fame,” said Davies. “The Nevada County Fair is a stronghold for our community. There is no other place as beautiful, accommodating, and with such strong community support for youth to showcase their yearlong projects. The Nevada County Fair is a hub, a focal point, to keep these traditions strong and it’s very important that I support organizations that carry on family and agricultural traditions. My life is family, faith, community, clubs, the Dipper Valley Ranch, beef, keeping ag alive through youth, and the Fair. That’s really all I need.”

    Davies will be inducted into the Hall of Fame at opening day ceremony on August 8 and will receive a portrait donated by Shaffers Originals of Grass Valley. The 2018 Nevada County Fair is August 8 – 12. For information, visit NevadaCountyFair.com.

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      Construction, Entertainment, Environment

      Optimizing Your Outdoor Living Environment

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      Park. Architecture, exterior.

      Photo from Dreamstime

       

      (NewsUSA) – For many homeowners, the backyard is not at the forefront of their home-design plans. But procrastination can be an advantage when it comes to outdoor living. By the time many people consider the backyard, they have developed a strong sense of their own décor personality.

      Most consumers’ design styles can be classified as traditionalist, bohemian, modern, eclectic, rustic or industrial, according to Belgard, a company dedicated to outdoor living design and elements for patio spaces and beyond.

      Fortunately, there are backyard design plans to suit any taste, as well as any budget. Some design elements that might have particular appeal to different décor personalities include:

      *For the traditionalist:

      Classic comfort. What is the primary purpose of a patio? A place for sitting and relaxing. Attractive, sturdy pavers in appealing patterns provide easy walking and an artistic base for conversation nooks of tables, chairs, planters, and picnic tables.

      *For the bohemian:

      Fire pit. Fire pits are an easy way to promote cozy gathering for all ages. And everyone can appreciate freedom from bugs; wood fires can help hold mosquitoes at bay.

      *For the modernist:

      Multiple levels. Homeowners seeking a modern look can consider a range of options for walkways and pavers that might include steps and slopes to wind through a terraced garden.

      *For the eclectic:

      Water features. But not just for swimming. Homeowners can show off an eclectic backyard style with a fountain, fish pond, or other water feature that makes a splash.

      *For the rustic:

      Eating out. 

      Cooking outdoors can reach a new level, as advanced outdoor kitchen units allow guests to help with meal preparation or just chat with the host/chef while enjoying the outdoor setting.

      *For the industrial:

      Unique lighting is a way to make a statement and set a mood in an outdoor setting. Some ways to get creative with light include not only hardscape lighting and illuminated planters, but short-term elements such as lighting fixtures that highlight cool metals and metallics for a more urban, industrial vibe.

      Belgard, part of Oldcastle Architectural, was established in 1995 and remains a respected source of durable, classic, stylish outdoor-living products and a resource for design ideas to help homeowners take on backyard design with confidence.

      Visit www.Belgard.com for more ideas on optimizing your outdoor living environment.