Around this time last year mid level homes were renting within 30 days with a good price tag. This year things seem to be a little slower in the mid level market. In Sacramento a lot of investors have bought foreclosures and put a quality home in the rental market. This has brought the inventory for a mid level home to a rise and renters have a bigger inventory.
In other words make sure you are offering a better than competitive rate to try and get your home rented within those 30 days. Don't play the game of trying to wait for last years prices when today's market is not yesterdays news.
Sidney Poritz
Property Manager
HomePointe Property Management
sporitz@homepointe.com
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