“It is all about jobs”
I was asked by a Bay Area Real Estate Investor yesterday while we were touring the area looking at Duplexes for sale. He and his wife had a concern about the possibility of rents increasing along with property values. That tour included properties in Folsom, Citrus Heights, Carmichael and Sacramento. So as we were driving, my answer was, “it’s all about jobs”.
I told him as the job market and the overall economy gets better, there will be upward pressure on rents because building of new units had come to a standstill. We’re just now starting to add more homes in the market.
Lo and Behold…..! There’s an interesting article in today’s Sacramento Bee’s Business section that is going to be a 3 part series about this area.
Check it out, because if you live in the Bay Area and want to invest in the Sacramento Real Estate market, this short article will give you some idea of what is going and contemplated in the area.
Let me know what you think of the article and you might want to check back for their updates.
Now, if you have any questions regarding the Sacramento Region’s Real Estate Investment opportunities, please contact me at anytime.
In the Mean Time…?
Make it a Great Day…!
Ed Favinger, Broker, CRS, GRI, SFR, CDPE 916-203-1260 firstname.lastname@example.org
- What’s the best thing about Sacramento? (sacbee.com)
- First craft beer festival in Folsom sells out – KCRA Sacramento (crranky.com)
- Two of My Favorite Duplex Areas – Citrus Heights & Carmichael (theycallmemred.com)