Michael Gesner
With the election over this November 2024, we can all get back to our lives and do the best we can to make things happen!
The Sacramento Real Estate Market is still a slow market due to lack of inventory. Sellers with low interest rates do not wish to sell. Especially, if they are going to buy another home, at much higher rates than the rates they have on their current home(s). Builders are doing well today, getting the lion's share of all sales.
Regarding the rental market, I am seeing that the rental prices are holding, not increasing at the present time. Also, the tenant pool is not as strong/credit worthy as 2 years ago when you had a lot of renters that had recently sold their homes; or tenants were coming here from the Bay Area and Los Angeles.
Realty Plus is a full-service real estate company that does property management, leasing, and real estate consulting. It is a small company with two brokers Michael Gesner and Naeem Syed. I look forward to working with you!
