Sacramento Property Management, Serving Natomas, Sacramento, Elk Grove, Land Park, Greenhaven/Pocket, Roseville, Rancho Cordova, North Natomas, Downtown and Midtown
Interestingly the market is changing and rents are increaseing overall. I have noticed an overall increase of +10% in rental rates over the last couple months. Whether it is on comparible rental homes or a home from our current inventory that is coming up for rental, properties are moving and rental rates are climbing.
I contribute some of the change to the inventory levels that are down from years prior. Not sure why the slow down but I have less tenants moving to buy and less investors coming with new income properties.
Now this doesn't mean we are at a stand still but in my opinion something big is happening. This can also mean more exciting movement on the sales side with an increase in value.
I look forward to an exiciting summer full of happy clients.