Dunbar Real Estate Affordable homes in Sacramento

For 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

choice for most, Sacramento city has more to offer than the lower cost of living. Sacramento is close to everything. The bay area, the ocean, the Redwoods, Lake Tahoe, the Sierra Mountains, Yosemite, and so much more. When it comes to event, Sacramento has won it all. We now have the Golden One Center for the Sacramento Kings and many other outstanding events and concerts.

Other than that, the economy of Sacramento is very strong. While over the recent past, Sacramento has been through tough economic times, the recession of 2007-08 has attributed to lower housing costs and a lower cost of living. If you have a steady flow of income, you will find that Sacramento is the best affordable place to live in California.

Just like in many other places, housing prices and rents vary from neighborhood to neighborhood. To compare, the total cost of living for Sacramento is 5% above the national average. Well, you might think this higher, but consider a place like Los Angeles where the cost of living is 21.5% above the national average.

Even though Sacramento has one of the highest unemployment rates, higher than most other parts of California, that is not to say that Sacramento isn’t without a fair job market. Because it is the state capital, state jobs here are more abundant than in any other parts of California. The economy is still recovering from the effects of the 2007-08 recession and people have been feeling more secure in their jobs. The housing prices have gone up, some house prices have climbed higher than before the recession.

If you are a home buyer, talk to Bobby Langston. His foremost goal is to provide you with exceptional customer service. His goals are to help you purchase the right home, make sure you don’t miss out on any homes that meet your needs and make sure you don’t pay too much for your next home. Go ahead and utilize his Sacramento County real estate expertise to make your home search and buying experience as stress-free and rewarding as possible. Bobby is also one of the VIP Agents. This is a program run and powered by The Power Is Now Media. To learn more about this program, click here.

With a strong desire to help buyers and sellers in all types of situations, Robert E. Langston lends his expertise as a real estate broker in and around the surrounding areas of Fairfield and Sacramento, California. For the best results, you want to work with an agent who understands his market well, and Bobby is your agent. Learn more about Bobby and how he can help you buy your dream home here.

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