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TriValley Rental Homes Getting Scooped Up

Posted on 11 April 2008 by Chris Kamali, Real Estate Agent

For the 24th consecutive month, rental rates rose according to New York based real estate research firm Reis Inc. 

A soft housing market dampened by stricter loan guidelines has been credited as the chief cause of the increased demand in the rental market.  As a result, homes in the Tri-Valley for rent are getting snatched up quickly…especially if the home falls within a high performing school.  The decrease in home prices and mortgage interest rates, accompanied by the higher rental income rates has brought some investors back into the picture.  This is a great sign of the confidence being put back into our local real estate market. Continue Reading

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