The rental market is continuing to strengthen. At HomePointe Property Management we rented out a near record 75 properties in June and we have remained busy renting property this month.

All of our property managers are reporting reduced inventory.  Properties priced at market rates are moving quickly. Rents are slowly creeping up which is what you would expect with higher demand. The low end continues to have the strongest demand.

Our 3rd Quarter Sacramento Area Rent Survey has been published and is available at our website free of charge at www.HomePointe.com and click on Owner Services.

If you want to be on our quarterly email list give me your email either on this blog or email to rmachado@HomePointe.com.

Robert A. Machado, CPM, MPM

HomePointe Property Management

Sacramento, Yolo, El Dorado, and Place Counties

We manage residential and commercial property.

916-429-1205 x 105

rmachado@HomePointe.com

 
This post has been included in California Real Estate News Sacramento County, CA Real Estate News
Post is included in group: Investing in Real Estate
Post is included in group: National Association of Residential Property Managers (NARPM®)
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3 Comments on Rental Market Picking Up Steam

JUL
22
2010
1,023,132 Points 66 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Good to hear!!!   I'm running out of homes to rent * I've averaged 1 leased property per day since the 3rd of July.  People are coming for employment and want to get their kids enrolled in school ASAP....
2:39pm • #1
JUL
23
2010
379,000 Points 5 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Robert, 

Same news here in Atlanta, the leasing market is very hot!  Looking for more inventory.  

All the best, Michelle
6:39am • #2
JUL
24
2010
249,468 Points 1 Featured Post Outside Blog

Michelle,  How do you locate new business?
7:53pm • #3


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