Sacramento Area January 2013 Market Update

By
Property Manager with HomePointe Property Management, CRMC 00691121

The Sacramento Rental Market is slowing recovering from the normal holiday slowdown.  In most recent years we have had a more robust January.  This January has seen improvement but not as good as we had hoped.  Many single family rentals on coming online from recent investor purchases which is giving renters plenty of choices and holding rents in check.  With the improved sales market demand, look for some investors to switch their rental to a sale which should slowly lower vacancies.  Rents are not expected to rise much in the coming months.

 

Posted by

Robert A. Machado, CPM, MPM

HomePointe Property Management

Sacramento, Yolo, El Dorado, and Placer Counties

We manage residential and commercial property.

916-429-1205 x 105

rmachado@HomePointe.com

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Robert Machado

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