Report: Sacramento is hot!

Posted by on June 7th, 2017

Sacramento, home of one of the newest branches of Bay Equity Home Loans, was lauded as one of California’s hottest housing markets in the May 25, 2017 issue of The Wall Street Journal.

Though it’s the state capital, Sacramento had taken a bit longer to emerge from the Housing Crisis slump while the rest of the state surged.

Led by an aggressive downtown renewal plan, many of Sacramento’s most desirable neighborhoods are cropping up in the urban core – a shift from its past developments featuring gated suburban communities.

Among the standout downtown projects are Downtown Commons, a vacant mall converted into a two-level outdoor mixed-use entertainment and shopping complex.

Condominiums with city and river views, as well as room service and concierge, are breaking new ground in luxury living.

Other features include new artist lofts, warehouses renovated for unique retail and office space and Golden One Center – a new arena for the NBA’s Sacramento Kings.

Rebecca Brown, Sales Manager for Bay Equity’s Sacramento branch, says she’s excited to be bringing the company’s programs and services at such an amazing time for the community.

“Sacramento is truly building and making our community the place to be,” Brown says.

Sacramento has an expansive parks system, and its mild climate, budding cultural scene and bustling economy attract a wide variety of different demographics.

In 2002, a study conducted by Harvard University for Time Magazine declared it “America’s Most Diverse City.”

Sacramento is the sixth-largest city in California, and its fourth-largest metropolitan area.