4th Quarter 2008
|
Elk Grove/Laguna 95624,95757-58 |
|
||||
|
Type |
Br |
Average |
Low |
High |
|
|
Apt |
1 |
$852 |
$660 |
$1,035 |
|
|
Apt |
2 |
$999 |
$850 |
$1,215 |
|
|
Dup/Condo |
2 |
$1,116 |
$855 |
$1,325 |
|
|
Hse |
3 |
$1,409 |
$1,125 |
$1,850 |
|
|
Hse |
4-5 |
$1,756 |
$1,375 |
$2,395 |
|
1st Quarter 2009
|
Elk Grove/Laguna 95624,95757-58 |
||||
|
Type |
Br |
Average |
Low |
High |
|
Apt |
1 |
$835 |
$835 |
$835 |
|
Apt |
2 |
$880 |
$791 |
$975 |
|
Dup/Condo |
2 |
$942 |
$925 |
$950 |
|
Hse |
3 |
$1,318 |
$1025 |
$1725 |
|
Hse |
4-5 |
$1,594 |
$1295 |
$1,995 |
Over the course of 4th quarter 2008 into 1st Quarter 2009 there are decreases across the board.
1 BR Apartment ranges in the Elk Grove/Laguna area have stayed steady in the mid 800s.
2BR Apartments, 2BR Duplex/Condos, Houses 3, 4, 5 BR have all decreased in rental prices.
Alexandra Machado
Property Manager
916.429.1205x700
Home Pointe Property Management
www.HomePointe.com
Greenhaven/Pocket So Sac 95822,95831 Rental Survey
4th Quarter 2008
|
Greenhaven/Pocket So Sac 95822,95831 |
||||
|
Type |
Br |
Average |
Low |
High |
|
Apt |
2 |
$939 |
$750 |
$1,153 |
|
Dup/Condo |
2 |
$924 |
$750 |
$1,025 |
|
Hse |
3 |
$1,244 |
$995 |
$1,700 |
|
Hse |
4-5 |
$1,284 |
$995 |
$1,650 |
1st Quarter 2009
|
Greenhaven/Pocket So Sac 95822,95831 |
||||
|
Type |
Br |
Average |
Low |
High |
|
Apt |
2 |
$706 |
$585 |
$830 |
|
Dup/Condo |
2 |
$837 |
$600 |
$995 |
|
Hse |
3 |
$1,187 |
$950 |
$1,495 |
|
Hse |
4-5 |
$1,296 |
$1100 |
$1,540 |
Here is the 1st Quarter 2009 Rental Server vs. 4th Quarter.2008
As you can see there has been a small decrease in rental values in the Greenhaven /Pocket area for the beginning of 2009. For more information on rental rates in the Sacramento area please contact me.
Alexandra Machado
Property Manager
916.429.1205x700
Home Pointe Property Management
www.HomePointe.com
All managers should be aware that the cold weather we are experiencing may result in frozen pipes and interior flooding from those pipes if they burst. This is most common in vacant single family homes and usually after 2 or more days of very cold weather.
Call RAM Property Services to turn off the main water shutoff and open an outside spigot to drain the water out of the pipes.
If you would like to discuss your project or ongoing needs please contact RAM Property Services. info@rampropertyservices.com or call 916-429-1305.
http://www.rampropertyservices.com/Home_Page.html
Rental Property lost in Foreclosure
It is not uncommon in this current housing market for owners to falter on their mortgage and have their rental go into foreclosure. As a property manger it is important to note that until the foreclosure sale is complete the tenant is still responsible for rent. Also, once the owner has lost the property this also terminates the relationship between the owner and the property management agency under civil code 2355.
Alexandra Machado
Home Pointe Property Management
Property Manager
916.429.1205x700
www.HomePointe.com
RHIP Rental Housing Inspection program. The city is managing mandatory rental inspections.
Here are the most common violations
Don't let your rental be in violation. Please contact me if you have any questions.
Alexandra Machado
Home Pointe Property Mangement
Property Manager
916.429.1205x700
www.HomePointe.com
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