Sunday, August 06, 2006

SacBee.com - "Hot ... or not: Nearly 8,000 more homes on drawing board" (8-6-06)

"Demand has softened," acknowledged Kerrie Miller, vice president of sales for Sacramento-based Reynen and Bardis Communities, which controls a substantial portion of Laguna Ridge.

But the slower pace of sales hasn't diminished the upbeat game face of builders. They promise their new neighborhood will be second to none in the Sacramento area. Marketing staffs have named the community Madeira, after an island off the coast of Portugal and a variety of wine produced there. It's also a tip of the hat to Elk Grove's Portuguese heritage.

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