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real estate market: Predictions for the Rental Market Heading into Fall 2009 - 08/19/09 04:47 PM
It has been an eventful year of foreclosures and short-sales, but don't start thinking we are out of the woods yet. The government's moratorium on foreclosures is due to lift August 31, 2009. As a small property management company that can often rent to people facing foreclosure, we are looking forward to what we think will be a brief respite from government intervention in our market. No one can say for certain, but I'll venture to speculate on the immediate future of our rental market-
It is going to get a little better in short order as the banks rush to … (2 comments)

real estate market: Fixing The Market- One Broker's Opinion~ - 02/22/09 01:39 PM
As a property management company, we work with people facing foreclosure to find suitable rentals they can qualify for. This used to provide us with a steady stream of recently foreclosed applicants looking for good quality rental homes. Lately, the supply of these applicants appears to have dwindled. I suspect the reason has to do with our government and their stimulus package. I say "their" as I certainly did not vote for it, nor do I think it is going to be good for the market.
In the last month, I have spoken with at least 6 people that stated they … (0 comments)

real estate market: Time to Shake Off the Holidays and Hit the Ground Running in 2009! - 01/03/09 11:54 AM
I think 2009 will be a pivotal year for us in the property management business. Investors appear to be re-entering the market, vacancy inventories are up while rental prices remain somewhat flat. As we get into summer 2009, our hope is that rental inventories will shrink as the next wave of foreclosures hits and people are forced to rent for the next few years while rebuilding their credit.
As the inventory of available rental properties declines, rental prices will inevitably rise, attracting still more investors and stimulating the sales market. We may see some fluctuation as foreclosed homes are purchased and … (7 comments)

real estate market: Where to Buy? Another Important Question is What to Buy! - 10/29/08 06:54 PM
The answer: A single family home or duplex. While inventory of apartments and condominiums continues to be a problem for the rental market in that there are many to choose from, the same cannot be said of the single family home.
As property managers, the feedback we are getting from renters is practically unanimous- Give them a 3 bedroom, 2 bathroom with a yard and garage. The supply of available vacant homes is not as high as one might expect, given that most banks are not choosing to rent out their REO's. Over time, as the market bottoms out and investors … (0 comments)

 
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Thomas Martin-BROKER, PROPERTY MANAGER Property Manager in Sacramento, Folsom

Sacramento, CA

More about me…

Investors Choice Property Management

Address: 3017 Douglas Blvd. #300, Roseville, CA, 95661

Office Phone: (916) 770-9707

Cell Phone: (916) 770-9707

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A well educated Landlord makes more informed decisions, which in turn makes them a quality client for an effective Property Manager like ICPM. Our blog is dedicated towards educating consumers and agents on the finer points of Property Management, while helping them to steer clear of pitfalls and poor business practices.


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