David Harrison

David Harrison's Posts

Sacramento, Calif.:Capital Gains Sacramento, Calif.:Capital Gains

Regardless of what Gov. Arnold Schwarzenegger does or says at the state capital, local citizens have plenty to discuss. Sacramento's stable economy and new development wave are fueling the multifamily market in California's capital. Businesses are relocating to the region, creating more than 12,000 jobs in 2005. The condo conversion trend is taking a foothold, providing much-needed housing options for residents. And with interest rates on the upswing and fewer renters able to afford the high price of homeownership, vacancies will continue shrinking and rental rates will rise. Read more

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