Rental Market Update for June 2008 Sacramento Area

The rental market is improving steadily in the Sacramento Region. Our offices accepted 71 deposits from new tenants in June 2008. That is an increase from May when we accepted 55 deposits. This is a 30% increase from month to month.

What we are seeing is increased activity for rentals and increased inventory. Landlords are being created from current owners that are unwilling to sell at current prices. Some landlords are losing their property to foreclosure which is removing some inventory, but overall inventory is still increasing. Many investors are buying REO's and putting those properties back into the rental market.

We look for rents to rise in the coming months, but this will be held to a minimum given the poor job outlook and increased fuel costs.

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We have houses for rent in the following areas:
Houses for rent in Sacramento, Houses for rent in Natomas, Houses for rent in Elk Grove, Houses for rent in Laguna, Houses for rent in Galt, Houses for rent in Franklin, Houses for rent in West Sacramento, Houses for rent in Davis, Houses for rent in Orangevale, Houses for rent in Citrus Heights, Houses for rent in Fair Oaks, Houses for rent in Gold River, Houses for rent in Carmichael, Houses for rent in North Highlands, Houses for rent in Antelope, Houses for rent in Roseville, Houses for rent in Rocklin, Houses for rent in Granite Bay, Houses for rent in Lincoln, Houses for rent in Loomis, Houses for rent in Marysville, Houses for rent in Plumas Lake, Houses for rent in Olivehurst, Houses for rent in Rancho Cordova, Houses for rent in Rosemont, Houses for rent in Cameron Park, Houses for rent in El Dorado Hills, Houses for rent in Shingle Springs, Houses for rent in Serrano, Houses for rent in Rescue, and more.