There are many great Sacramento area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (916) 585-3636 for a FREE home buying or selling consultation to answer any of your real estate questions.
Is Now a Good Time to Invest in Sacramento Real Estate?
Naturally, I am not a financial adviser or a CPA, so I cannot give you financial advice. However, everyone's financial situation is different, so not everything I say will be a silver bullet for you. You will have to take a look at your available resources, determine what your appetite for risk is, and what your short & long term goals are. It also depends a little upon your comfort level for different neighborhoods and different properties.So, I can't give a definitive answer for every single person, but on the whole, I believe that this is a good time to invest in Sacramento real estate. If we could turn back 2 years it would be an even better time to invest, but we don't work in the rear-view mirror, so we have to focus on what's going on right now.
Listen to this statistic: from 2000 to 2013, even including the real estate crash in 2008, real estate investments significantly outperformed investments in the DOW, S&P, and the NASDAQ. From 2000-2013, the DOW had a 35.4% return, the S&P had a 17.1% return, and the NASDAQ had a -8.9% return. Real estate in that time period (including the crash) had an amazing 59.9% return!
Needless to say, this return is significantly greater than any other investment out there. Plus, there are some other advantages to real estate investments because you only need 20-25% of the money down to purchase real estate, and there are also some tax advantages as well.
So, if you're looking to invest in Sacramento real estate, contact me and we can go over some things to look at if you plan to cultivate your wealth through real estate. Also, if you're looking to buy or sell in Sacramento, then please contact me as well. I am always here to serve you.