Sacramento Real Estate Investment Boom
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:
- Sacramento County
- Placer County
- El Dorado County
- Sutter County
- Yuba County
- Nevada County
- Yolo County

Comments(0)
Interesting choice for a first post. I like how the high quality of life means bigger newer house and Indian casinos. Sorry If I don't think the long commute to San Fran is a high quality of life.
Yes companies are moving out there, but I find it hard to believe that somewhere with virtually unlimited land is going to face a housing crunch. A lot of the money pouring in is from speculators in San Francisco. Also, new home sales are strong, but what about the resale of older homes? The same tracts that were popular 6 years ago, aren't popular now. I am not saying that the market will tank, but you can't cash flow property easily there so all you are betting on is appreciation. Too risky for me.
Hi dstudeba,
Thanks for reading my article and commenting. No need to commute to SF, there is a strong job market within a half an hour's drive of almost anywhere in the SMA.
I guess the Indian Casino thing could have been played down a bit, thanks for pointing that one out. We do have a really nice one here in Placer County though. I was definitely impressed. I even one a hundred bucks! Only been there once though as betting on REI seems a better bet than slots.
The resale homes are also very strong in Sacramento, and the quality of life is not only more home for the money, but the proximity to all the abundant culture and recreation.
You're right that cashflow has not been as good as other areas, but I have found a much better area for cash flow is the Yuba City area about 45 minutes north of Sac. And it is the space in between these areas that I foresee huge growth potential.
Thanks Again for your time. Talk to you again soon.
Deals still exist here in Sacramento, but in my opinion the booms is almost over, not just beginning.
Robert
Hi Robert,
Thanks for reading my article and I appreciate your comment. Whether the boom is over or still has a way to go remains to be seen I suppose. I do know the prices keep going up though.
Thank you for an enthusiastic article but speaking of California RE market, nothing (yet) beets So. California and even South in general, is not a sure thing... Bakersfield for example was "hot insider's pick" for several years now. Due to Alameda Corridor Project, it was expected to become the next gold-mine. Never the less, the RE balloon is about to... well... start leveling off, but for Bakersfield, it didn't happened yet. So not all California is created equal so when it comes to investing in "new hot" markets, I am a bit skeptical.
Anyway, please remind me to cast my vote for you on the next Sacramento's Director of Tourism (or even City Major's) election! You did a fantastic job promoting the central valley region. The region (many believe) will become the next settler's boom due to enormous over-saturation in Southern part of the State; where in only 5 counties including LA, live more then 18mil people.