Nationwide, where is the best, most affordable mortgage destination? It seems that millennials are looking closely at Sacramento, specifically, Elk Grove, according to the annual SmartAsset study, which was ranked Number 2 in the search for millennial home ownership locations.
As Steve Ly, town Mayor explained: “The best thing about Elk Grove is that it remains an affordable option for young couples and families. The city is certainly pleased to hear of this (latest recognition), and it reinforces the 2016 WalletHub survey. It rated Elk Grove in the top 20 places to raise a family in California. There’s also Movoto’s 2015 study that rated Elk Grove as the best Sacramento suburb for young couples.”
Furthermore it was found that a staggering 90 percent of residents would recommend Elk Grove as a place to others. Given that it boasts both affordability and quality of life (with 100+ parks, a top school system and minimal crime rate), it is not all that surprising that it ranks so high on SmartAsset’s study.