Posted by: Brandon Weber | November 10, 2007

Sacramento Multi-family Housing Market one of “Top 10” to Watch

The top multifamily investment markets to watch are Dallas/Fort Worth, Houston, Inland Empire in Southern California, Las Vegas, Phoenix, Raleigh-Durham, Sacramento, San Francisco, San Jose and Tacoma, according to Sperry Van Ness, a California-based commercial real estate brokerage firm. The company recently released the multifamily edition of its 2007 Top 10 Markets to Watch Report.

With strong job growth in professional and business services, transportation, utilities and manufacturing, and government jobs, Sacramento can expect vacancy to tighten to 5.4 percent.

Proof yet again that the real estate market in Sacramento is far more complex than the press wants to make it out to be.


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