Are We in a Real Estate Bubble…?

Update on the 10 Hotest Real Estate Markets – Analyzed Here.

I have had more than one person ask me if we were in another Real Estate Bubble.   I know that anechdotally, prices here in the Sacramento/Folsom area where I practice real estate and property management, have gone up.

We see it all the time in higher re-sale prices and big time increases in what you can charge for rents in just about every category, from apartments, duplexes and single family homes.

In my opinion this is going to be the trend for a while here in this area,  because builders have not kept up with demand and are only now starting to ramp up with some new construction.

So…. I got this article that I thought I would share with you from HousingWire.com.

Is there a housing bubble brewing on the West Coast?

HottestMarkets

 

Let me know what you think.   Now in my opinion if you are a Real Estate Investor in the Residential rental market, I think we have a few years of growth left.

Call me today at 916-203-1260 if you are thinking of getting into the Residential Investment Market in the Sacramento, Roseville, Folsom areas.

Don’t forget, we also do Property Management and if you purchase your investment property through us, we’ll give you the 1st 3 months of Property Management service free.

In the mean time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE   916-203-1260  favinger@rwnetwork.com

 

 

Sacramento & Folsom Real Estate are Hot..!!!

But so are a lot of other places in California…!

Maybe it’s just got to be the great weather right…?

Take a look at this…CaliforniaHomeSales

 

 

So if you’re thinking of buying a Single Family Home or any other kind of Residential Investment Real Estate like a Duplex, a Four-Plex or a small apartment complex, give is a call today.

And don’t forget, we also do Property Management as well.

In the mean time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE    favinger@rwnetwork.com   916-203-1260

 

Rising Rents in Sacramento Region A Follow Up to an Earlier Post

Surprise….It’s all about supply and demand…!

I’ve told investors for the last several years that the big reason rents and ultimately home values would go up here was because they pretty much stopped building just about anything new since late 2007.   Sacramento Residential Property Investors that have picked up Duplexes, Four-plexes, Apartment complexes and even Single Family homes now often get Multiple Renter Applications when a unit comes up vacant.

Oh sure there were a few new projects constructed around the area but no where near the amount needed to maintain an adequate supply of homes and apartments especially the smaller types of investment properties such as Duplexes or Four-Plexes.

Illustrates the intersection of supply and dem...

Illustrates the intersection of supply and demand curves as the free market equilibrium (Photo credit: Wikipedia)

When you have a slightly improving economy, this is primarily the main reason we’ve seen some steep rises in rents throughout the area.

So… today I get this article from the Sacramento Business Journal and thought I’d share it with you.  I think it’s an interesting read.    CLICK HERE FOR THE ARTICLE.

If you’re thinking of getting into the Residential Investment Real Estate market, now is the time don’t you think…?

Call me today at 916-203-1260 and let me help you find the right investment.

 

In the mean time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE     916-203-1260    favinger@rwnetwork.com