Sacramento offers a variety of investment options to a prospective Sacramento investor. Residential real estate housing ranges from low-income properties to multi-million dollar estates and is known to have had some of the best appreciation rates in the state. Sacramento has also seen marked advances in commercial real estate with the construction of new high-rise buildings, expansion of employment centers and increases in industrial activities. Sacramento attracts high tech manufacturers, Information Technology companies, biotech and medical research laboratories, and food processing industries.
The proximity of Sacramento to the San Francisco Bay Area, and the lower housing costs in the region have resulted in many people moving to Sacramento and commuting daily to offices in the Bay Area. The median home price in Sacramento is in stark contrast to the median price for a Bay Area home. While the Sacramento Countys median home price was $353,750, the SF Bay Area median price was $628,000 in April 2006.1 This big difference in the housing prices, together with the consistent growth of the Sacramento real estate market has attracted many investors to the...