In An Improving Economy – Not Enough Homes – Creates Higher Prices & Rents.
If you’re a San Francisco Bay Area home owner or investor and looking for a place to move to or invest in, you can’t really beat the Sacramento Area.
Prices and rents have gone up but are still a bargain when you compare them with Santa Clara, Contra Costa, San Mateo, Alameda and San Francisco Counties.
Just take a peek at what you can buy here in Folsom and compare that where you live in the Bay Area.
If you’re an investor, you can still get a decent Duplex or Four-plex for under $400,000 and have a “cash flow” which is unheard of in the Bay Area now. Foreign Investors are just parking their money in the Bay Area in hopes of higher appreciation down the line, but they don’t have a decent cash flow return in the mean time.
I thought I’d pass on this article from the East Bay Times. Maybe it’s time to Move here and/or Invest here…?
And Finally…. The two things we don’t have as bad as the Bay Area….? 1. No Rent Control… 2 And Bay Area “traffic”.
In the mean time…?
Make it a Great Day…
Ed Favinger, Broker, CRS, GRI, SFR, CDPE 916-203-1260 firstname.lastname@example.org
- How cities voted for transportation funding, coast to coast (curbed.com)
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