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Sacramento Real Estate Investment Sacramento is Hot! And I'm not just talking about the weather. The real estate market is white hot, and there's a lot of good reasons. Look out Las Vegas, Sacramento is set up to be the next hot region for real estate investment. Whether you are just beginning in real estate investment, or an expert investor, you can make money investing in some of the most beautiful and relatively affordable property in the nation. And best of all, its California Real Estate! Some of the most valued property in the USA. The World knows California for so many wonderful things; Hollywood, Disneyland, Beaches, Mountains, Deserts. There's the Bay, Yosemite, Redwoods, The Silicon Valley, which, by the way, is some of the most valuable property not only in California and the United States, but the World. It has some of the most beautiful and desirable coastline; From the warm Southern California beaches to the cool, crisp, rocky Northern Coast. San Diego, L.A., Santa Barbara, Pismo Beach, Carmel, Monterey, San Francisco, Mendocino. And the literal heart and mind of California is Sacramento. Hidden in the shadow of so many great attractions to a great and golden state is this little river city so vital and vibrant, modest and regal, soft and spectacular, all at the same time. What makes this simple city so special, you ask? And why would I want to invest in Sacramento real estate? Let me explain. First of all, it is so perfectly located within California as to be within a two hour drive to some of the best attractions in California, and a half a days drive to many others. You can be in Lake Tahoe skiing in the morning, and in San Francisco for Dinner. The Greater Sacramento Region consists of seven counties, which includes:
Each one of these counties has an outstanding location with a high quality of life for all its inhabitants. Each county also has its own growth and terrific opportunities for investment, both commercial and residential. There is a high quality lifestyle in Sacramento. Sacramento has a great culture and lots of affordable housing. Affordable housing can buy you a much bigger, newer house than in other areas. It is laid back enough to ease the stresses of living, yet vibrant enough for lots of action and activity. The job market is strong. Sacramento is the State Capitol, so politics and government abound. The support structure for this activity affords a great service market. There are also several high-technology corporations in Sacramento like HP, Apple, NEC and Aerojet. In Sacramento they can afford more warehouse and manufacturing space than most other locations in the state. It is a central hub for both North/South and East/West transportation. There is a large rail and carrier presence in Sacramento Metropolitan area. Major Freight carriers are located here for many of the same reasons. There are great schools and universities. Cal State University at Sacramento (CSUS), UC Davis, known for its outstanding life sciences, engineering and medicine curriculums. There are numerous Community colleges: Sacramento City College, American River, and Sierra College to name a few. And the recently opened William Jessup University. Other schools are also considering satellite campuses. Agriculture is a key component. Sacramento is located in the heart of the California Central Valley. It has one of the most productive and fertile locations on Earth. The Port of Sacramento aids California growers to ship hundreds of thousands of tons of food to the world each and every year. And of course, you always have the freshest fruits and vegetable here because they are all grown locally. It has affordable housing, relative to the rest of California. You can buy a high quality housing and enjoy the one of the richest social and cultural environments ever. In fact, much of the phenomenal growth can be attributed to migrations of families from the San Francisco Bay Area and the Silicon Valley. With prices so high, many people are forced to move inland to seek affordable, quality homes. Basically, the economy is rock solid with a diverse and productive infrastructure. Along with this virile economy is a healthy job market, so demand for affordable housing has been outpacing supply at a record pace. And the great news is that the Greater Sacramento Metropolitan Region is forecasted to continue this record growth for at least the next 5 years! There is a report available that details what is expect of the region in the future. Here is what the projected growth will look like over the next several decades:
From an investment perspective, the market is on fire, with the average property value appreciating at around 17%, with many doing well over 20% annualized. This puts investors in an excellent position to profit from buy and hold, as well as fix and flip for the first-time homebuyer. There is a lot of flat, undeveloped land ready to build. Developers are swooping in to snatch up vast amounts of land for development. I personally believe that there is a huge opportunity here by simply following the path of development. There is, of course, development in all directions from Sacramento Proper. But there are differences. The East is basically limited by the Sierra foothills. Development is strong in this area, but limited. The West has growth also, especially in West Sacramento, which has long been dormant and overshadowed by industrial parks. South Sacramento has seen the biggest growth in the town of Elk Grove. It is limited ultimately by the Delta. But North Sacramento is a huge area just now being developed. The Highway 99 corridor is soon to become a major artery between Sacramento and Yuba City. There is ample land for development with no natural boundaries. It, I believe is the area for large scale development and the biggest future growth. There are already world-class developments like Del Webb Sun City in Roseville and Lincoln California. Elk Grove and Natomas, Yuba City and West Sacramento. All have tremendous opportunity for current and future growth. Real estate all over the US has risen in value over the last several years as people pulled money out of the stock market looking for better performing investments. There is no doubt that it will be worth watching Sacramento in the future.
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