The PIN Magazine May 2020

Page 63

Unbelievable! Robert Langston

o t n e m a r c a S

THERE ARE STILL AFFORDABLE HOMES IN

F

or six straight years, Sacramento had been one of the areas where you could not find an affordable home, but in the summer of 2019, thousands of Sacramento residents could afford a home there, reversing a trend of decreasing home affordability in the county. About 40 percent of the local

households could afford a median-priced home of about $385,000, which was a figure up from 41 percent in 2018. One of the main reasons for this was the lower interest rates and reduced house price competition. Right now, it’s even better. With $356,830, you can find a home in Sacramento. WHY MOVE TO SACRAMENTO California is indeed packed with desirable places to live. While other destinations may be popular, moving to Sacramento is ideal for the people who are looking for a haven in the west. The city of Sacramento is home to approximately 500,000 residents, and although the city limits may be on the smaller side, Sacramento has over 1 million residents settling in the suburbs. Over the last decade, there has been a notable population shift within the California county. Most people cannot afford the cost of living in the coastal regions, and moving inwards to areas like Sacramento seems like a reasonable choice. Despite the city not being the first

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