Not much has changed in the rental real estate market in the last six months. Rentals are in demand, but single family rents are only inching upward. High unemployment and foreclosure activity has reduced investor confidence as well as demand for rentals. When it all gets better is up for speculation, but it does not seem to be getting worse, and that is good news. We continue to see enough people renting to keep our vacancy rate at or below 4%.
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
