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Sacramento Region Rental Market Update
HomePointe current vacancy rate is 3.5%. This is a landlords market with some cautions. With high unemployment, rents have not been able to rise up as one would expect with a low vacancy rate. But it does mean that landlords can expect to rent their property quicker.
It is also a sign of the times that applicants credit reports often have a foreclosure or short sale on them. This is to be expected with the mortgage crises fallout in full swing.
Visit our website for our most current and past rent surveys covering the entire Sacramento Region at www.HomePointe.com and click on Owner Services.
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