Rising Rents Going up Faster than Inflation – Good If you’re an Investor

If You’re a Renter – Might be Time to Buy Instead

I don’t know how many times over the last several months I’ve discussed the fact the rents have really begun to take off.  Graph-going-up My favorite quote to people looking for a place to rent and to people who’ve asked about the Sacramento and Folsom Rental Market is, “you almost have to know somebody to find a decent rental”… especially if its in a nice area.

It’s not just me saying this either because it’s been in the news from several different sources.

Click here to get the Google Search Results of “Rising Rents in Sacramento Region” to see the number of sources to make my point.   Oh and by the way… it’s the same just about every where in the country.

The simple fact is they haven’t kept up with the housing demand for new units.

For a bit of humor on the subject and a “look inside baseball”  for another type of perspective..?  Click Here to see a video from our guys at the National Real Estate Post.  

Most Real Estate professionals have heard of these gentlmen and subscribe to their video updates.   Now even if you are a “civilian”… you know,  not part of the Real Estate Industry..?   You can still subscribe to keep up to date and idea of what is taking place in the Mortgage Lending business and Residential Real Estate Sales.

So if you are thinking of Investing in a Residential Rental unit I think you’ll have to agree with me that now might be a good time to get in.   Call me at 916-203-1260 or send an email to me at: favinger@rwnetwork.com and we’ll see if we can’t find the right kind of Investment Property in the Sacramento Region that works for you.

If you’re a Renter…?   Call me because I can help you find the best deal possible.   We’ve been helping buyers locate and purchase their 1st home for many years so put our experience to work for you today.   Call me at 916-203-1260 and we’ll discuss your situation.

In the Mean Time…?

Make it a Great Day…!

Ed Favinger, Broker CRS, GRI, SFR, CDPE

 

 

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