More Good News... Potentially

The Sacramento Bee in its real estate section recently reported that San Francisco's real estate market has posted a rebound. While the article talks mainly about the commercial market, its effects on the residential market have been touched upon as well.

How can this be good news for Sacramento?

Remember the real real estate boom? Not the one fueled by ARMs, but the one where homebuyers were people moving into Sacramento from the Bay Area as well as Southern California because prices there were just too high for anyone to be able to buy a home? It seems like Sacramento might get to enjoy that same reputation again soon - it is one of the most afforadable places in California, and especially so today.

Keep your fingers crossed!