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New Standard Realty, real estate for the Bay Area

Serving your real estate needs throughout the Greater East Bay and North Bay areas.

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Email: alex@newstandardrealty.com

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Benicia, CA

707 332-8301
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Housing Price TrendsInterest Rate TrendsRental Value Trends

Rental Value Trends: August 2022

by alex / Wednesday, 24 August 2022 / Published in Price Trend News, Rental Value Trends

Updated 03/28/23  This newsletter is updated as the economy and situations change.

CLICK FREE Rental Analysis BELOW TO IMMEDIATELY GET YOUR HOME’S RENTAL VALUE

“When people can no longer afford steak, the price of chicken goes up, “Alex Schauffert.  As an analogy in this case steak being the home you buy and chicken being the home you rent.                      Buying a home is increasingly more difficult, still, everyone needs a place to live.   It is likely, just as in our last recession of 2007, that rental properties will stay in demand for needed housing. The highest market rents may fall off a little but the mid-level and lower level rents should stay strong, maybe even continue to rise.    The only factor affecting rents, stronger than housing purchase affordability is population growth or decline.   I believe California’s, population will hold or continue to grow in the future.

Another significant factor is inflation which is always on the rise.

If you’d like to receive updates via email, please join the Rental Value Trends list now and I’ll send you the next update.

Tagged under: rental values

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Alex Schauffert
Broker/Owner
707 332-8301
Email
NEW STANDARD REALTY
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CA DRE Li.# 01216432

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