4 Best California Suburbs To Buy Property in the Next 5 Years, According to Real Estate Experts

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

4 Best California Suburbs To Buy Property in the Next 5 Years, According to Real Estate Experts

slobo / Getty Images/iStockphoto

This is the hidden content, please

• Sign In
• or
• Sign Up

in the California suburbs in the next five years, but are unsure where to look? You’ve come to the right place.

Check Out:

This is the hidden content, please

• Sign In
• or
• Sign Up

Read Next:

This is the hidden content, please

• Sign In
• or
• Sign Up

High-demand locations like California suburbs are great locations, especially when looking at the economic growth projections. However, some suburbs are better than others, especially when considering factors like cost of living, the potential for property appreciation, ****** rate, and more.

We asked two notable real estate experts for their insight about the best California suburbs to buy property

This is the hidden content, please

• Sign In
• or
• Sign Up

, and here is what they had to say:

Earning passive income doesn’t need to be difficult.

This is the hidden content, please

• Sign In
• or
• Sign Up

Folsom (Sacramento Area)

Literally translating to “a homeland,” Folsom offers a unique combination of affordability and a high quality of life. The suburb is well known for its excellent school districts, vibrant parks, and outdoor recreational opportunities.

“Compared to the Bay Area and Los Angeles, Folsom’s cost of living is much lower, which appeals to families and professionals looking for more space,” said Kenneth Sesley, a real estate expert and the CEO of

This is the hidden content, please

• Sign In
• or
• Sign Up

.

The cost of living is one of the most affordable in all of California being cheaper than 308/449 cities, especially considering its quality of life.

The overall steady home prices in the Sacramento area also offer a reliable buffer to Folsom’s property market, providing long-term stability and the potential for strong property appreciation.

Additionally, the ****** rate in Folsom is below the national average with less than half the average violent ****** and below-average property ******.

Folsom lives up to its name as a homeland, offering a lower cost of living and solid home appreciation potential in a family-friendly, stable community.

Learn More:

This is the hidden content, please

• Sign In
• or
• Sign Up

Irvine (Orange County)

Irvvin is known for its community lifestyle and superior facilities, including public services, schools, shopping malls, and parks.

“Irvine is known for its strong community, safety, and excellent amenities. It has been repeatedly ranked among the safest cities in the US,” Sesley explained.

In fact, Irvine was voted the lowest violent ****** rate for cities above 250,000 residents for the 18th year in a row.

It will cost you to join this upper-class Irvine suburb, though. The cost of living in this city is 54% higher than the national average, which is largely due to the high cost of housing in Orange County.

Story continues

The average house price in Irvine is $1,584,000, which is 246% above the national average. Even with such prices, Sesley believes that Irvine’s real estate market ******** one of the best options for buyers, with steady local and international demands sustaining the appreciation of property prices.

Temecula (Riverside County)

If you are looking for a blend of affordability and serenity, Temecula is your go-to place in Southern California.

“The city offers spacious homes and larger lots at much lower prices than in Los Angeles or Orange County,” stated Sesley. The increase in the demand for suburban living is the driving force behind the city’s housing market steady growth.

Temecula offers a perfect balance of tranquility and modern living. “With its wineries, scenic landscapes, and top-rated schools, Temecula provides a relaxed yet refined lifestyle within easy driving distance to major job markets in LA and San Diego,” noted Sesley.

Its affordable property, expanding real estate market, and high-quality life near major Southern California cities would make anyone seeking to live to the fullest consider Temecula.

Poway (San Diego County)

“When compared to other San Diego suburbs like Carlsbad, Poway is a much more affordable option,” said Brian Mollo, a California Realtor & the CEO of

This is the hidden content, please

• Sign In
• or
• Sign Up

.

“Poway is great for community events and has a very down-home character, owing to its roots as a rural community, where agriculture was the main economic contributor until the 1980s when it officially became a city,” added Mollo. “There is a fantastic performing arts center that hosts many events yearly for those that live in the area.”

What amazes Mollo most is the affordability of the *****-back city of Poway. “Taxes in Poway tend to be lower than neighboring suburbs, which is primarily attributed to a lack of city income tax. Poway home values have been on the rise at a little ahead of some other San Diego suburbs as the city has been largely undiscovered compared to larger San Diego suburbs.”

He also notes that the changing housing landscape is reshaping Poway, making it a good property market. “As an investor, Poway is a great place to find homes that need a bit of work but can then be flipped for ***** with a decent ROI.”

“As more and more of the older farms are handed down, the families tend to sell off parcels of land to developers, which has added to the rising home values in Poway, but an average 4-bedroom home is still below the median price in San Diego and Los Angeles.”

It’s also worth noting that Poway has a well-below-average violent ****** rate and a property ****** rate slightly lower than Irvine’s property ****** rate, one of the safest cities in the US.

More From GOBankingRates

This article originally appeared on

This is the hidden content, please

• Sign In
• or
• Sign Up

:

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up

#California #Suburbs #Buy #Property #Years #Real #Estate #Experts

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up