We have noted that the rental market is pretty soft right now. It is a combination of the soft job market, state furloughs, soft real estate market, lower amounts of foreclosures, and finally, school is in sesson and the holidays are close. In sum, everything is working against a strong rental market right now.
One thing I know, the market in Sacramento has never fallen off the cliff. We have a stable job base in the state, the exception this time being the 10-15% pay cuts for state workers.
The next big event will be the new year. Pent up demand usually makes Janaury a strong month. We will see.
The funny thing is that we are still renting property at a brisk pace. Just at lower prices.
 |
|
|
Property Management Rentals and Maintenance in Sacramento, Yolo, Placer, and El Dorado Counties from offices located in Sacramento, Roseville, and Orangevale, CA We manage residential and commercial.
HomePointe Tenants Can Pay Rent In Real Time
Board of Equalization Reminds California Businesses of Use Tax Liabilities
Cal NARPM Property Management Convention
Authors On The Move March 6th 2010 Sacramento Library Foundation
When Is A Customer Request Really A Demand?
How Often Should You Inspect Your Rental House?
HomePointe Propery Management Managing Agent to Out-of-State Owner-Client Important Tax Informatio
Three Percent Independent Contractor Withholding Has Stalled in California Legislature UPDATE
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
