Sacramento is a “buy now” market.
We have all heard how hard the Sac market has been hit – now it’s time to be there for the profit!
The “Bad” News: The historic and unprecedented credit market meltdown has caused Sacramento County to be one of the hardest hit markets with respect to the amount of single family home foreclosures. Inventories of single family homes for sale have been at the highest levels ever.
The “Good” News: California, as the seventh largest economy in the world has been, and likely will always will be, resilient. Sacramento is the capitol city of California and is approximately seventy-five minutes from San Francisco, and ninety minutes to Lake Tahoe. Let’s face it – Sacramento is not Texas, Las Vegas, Indianapolis, Arizona or some other far off land! It is a vibrant West Coast sophisticated city with a solid growing economic base, a great place to live and raise a family, and close proximity to wonderful international destinations.
Investors are now just beginning a wave of what is expected to be a frenzied “buy” of foreclosed and otherwise distressed single family home properties. Prices are down to 2002 levels and below, and properties cash flow well. Projections are that once these “buys” are purchased and rented, the current inventory will be significantly depleted causing market values to begin appreciating at historic trends. Additionally, experts believe the five year flat cycle is over, and rents are poised to go up over the next five years. Furthermore, presently there are investor loans at great rates. That all adds up to a perfect buying opportunity!
Sacramento Job Outlook is Fine!
January 31, 2008: Sacramento Employment remains steady and has actually grown since the real estate boom years.
http://www.csus.edu/indiv/j/jensena/sfp/sa11/sac5/sac3/sac-msa.htm
Sacramento Region Business Forecast 
http://www.srri.net/sacregion-0.html
JOB GROWTH OUTLOOK
The Sacramento Region’s population is projected to grow to over 2.5 million by 2012 and outpace the growth of nearly all other California major metropolitan areas as well as California itself. http://www.rocklin.ca.gov/civica/filebank/blobdload.asp?BlobID=8637
Our Services and “why us”
J. B. Properties and Fitch Properties are two vastly connected residential brokerages specializing in investment properties. The Broker/Officers of these two firms are Jesse Bradman and Edward Fitch who combined have more than 30 years of experience purchasing properties for their own investment portfolios, and representing clients in hundreds of transactions. After years of working together and independently, J. B. Properties and Fitch Properties have formed a strategic alliance to best serve their respective investor clients.
Jesse and Ed offer a “one stop shop” with financing services, licensed rehabilitation service providers for fixer upper properties. They have also formed alliances with reputable property managers. Other services and service providers are also available.
“As we are investors ourselves, we understand how to create value and most importantly are able to identify good deals in good areas which will generate good cash flow and are primed for wealth building appreciation. Right now some of our investor clients are earning higher than 10% cash on cash return on Sacramento income properties that are primed for appreciation.”
For more information on bank owned and other distressed property investment opportunities … Please provide the following information:
Disclaimer – Any and all data/information provided by J. B. Properties and/or Fitch Properties is intended as general information and does not constitute a promise or guarantee of any kind. Real estate investments are speculative and involve risk and investors should carefully evaluate all risk factors before investing in any real estate. J. B. Properties / Fitch Properties does not make any representations or warranties concerning the quality of services or advice offered by participating vendors, developers, or property specialists. Contact your legal and financial advisors for advice. Investors assume all responsibility for their own investments.
J. B. Properties Lic #01258331 - T: (707) 789-0737 - 3150 I Street Ext, Suite D, Petaluma, CA94952
Fitch Properties Lic 01243729 T: (916) 223-2550