Is Bakersfield a good place to invest in real estate?
Is Bakersfield a good place to invest in real estate? With the year-over-year rise in Bakersfield home prices, it stands in the top 10% nationally for real estate appreciation. Bakersfield real estate has appreciated 150.36 percent over the last decade, equating to an annual appreciation rate of 9.61 percent on average.
Is it good to invest in real estate in California? As an investor, the rent yield and ROI in California is still positive. The economic recovery might be rocky, and California cities remain some of the best cities to buy property.
Is Bakersfield a good place for rental property? Since it has more culture than ever before, its student population is thriving, which makes it a great place for investing in commercial properties. With its construction and healthcare industries steadily expanding, Bakersfield boasts an increasing number of higher-skilled positions.
Is Elk Grove a good investment? The rental market in Elk Grove has become very competitive in recent years as many people have become interested in residing in the neighborhood. Property investment is very profitable and stable in Elk Grove as most of the residents and potential residents are willing to pay good money for comfortable living.