What is the market like for rentals? Condos for example?

The market for rentals is very strong especially in the Bay Area due to all the demand from previous home owners that have lost their house due to foreclosure and therefore must live somewhere else for rent.  The current strict lending environment has caused folks with even close to perfect credit scores (800+ FICO) to be denied in their loan application process when trying to qualify for a home purchase today.

 

Right now in the Bay Area investors are enjoying some of the highest cash-flow return rates on rental properties in over 25+ years in neighborhoods all across the Bay Area on different types of properties such as Single Family Detached Homes, Apartments, and Condo's alike.

 

If you would like further details on the rental market for condo's  in a specific city or neighborhood just let me know.

 

Happy Halloween!

HAPPY HALLOWEEN

Be sure to be well, be safe, and of course eat lots of candy every one!!  Halloween is a grand American tradition that has always been one of the most exciting and fun of all holidays were you never get too old to put on a costume and never get at all bored of watching all the children of all ages enjoying themselves as their favorite character in full dress collecting their favorite candy all the while running around on a full tank of sugar!  May all the children and parents sleep very well tonight!  TRICK OR TREAT!!