Adding Good Jobs Help the Housing Market.
If you are an “out of area” Investor or a potential buyer looking to move into this area, you’ll want to know if there’s an economy here that’s adding jobs.
If you were to own a rental it’s nice to know that there will be jobs here so that people can afford to pay the rent you will charge them. This is true if you own a Duplex, a Four Plex, an Apartment complex or even a Single Family rental home. If they don’t have jobs they can’t pay the rent.
I thought I’d share this short article from the Sacramento Business Journal to illustrate the economy here.
Chinese solar company to establish McClellan plant, bring 200 jobs
This story is a prime example of what “re-use” of some former Military Bases in the Sacramento area that were closed in the 90’s, Mather AFB and McClellan AFB.
Mather is now a commercial center and is also being used as an “air freight” facility while McCellan has a mix of industrial uses.
As a Real Estate Investor it’s nice to know that your investment in this region would be a good one that will grow in value because we’ve got the jobs here as well.
If you are thinking of Investing, Buying a home here, or Selling a property here, please call me at 916-203-1260 ( I take text msg’s too) or drop an email my way at Favinger@rwnetwork.com
In the mean time…?
Make it a Great Day
Ed Favinger, Broker, CRS, GRI, SFR, CDPE
- Is Tour of California 2017 returning to a north-south route? (cyclingnews.com)
- Why you should be investing in Sacramento Single Family Houses, Duplexes, Fourplexes & Apts (TheyCallMeMrEd.com)
- U.S. housing shortage is worst on the West Coast, new study finds (curbed.com)