The 20 Hottest Real Estate Markets

Well, May 2015 has come and gone and the housing market is still full steam ahead.  Home prices continue to rise and there seems to be a frenzy of buyer activity.  With this in mind, the people at Realtor.com put together a list of the 20 hottest U.S. real estate markets in May of 2015.  Half of the cities listed happen to be in California.  Northern California has 7 cities in the top 20 and Real Property Management Select happens to have offices in 2 of these incredibly hot markets.

The Vallejo-Fairfield ranked number 5 on the list of 20 hottest U.S. real estate markets in May of 2015. This market is where Real Property Management Select started out.  RPM Select has since grown into one of the largest property management companies in the region.  The Vallejo-Fairfield market is not only one of the hottest real estate markets in America, but it is also a hot rental market.  Rents in this area haven’t been this high in years and units are moving faster than ever.  On most properties we have multiple applications.  We actually have more applications than available homes.  With such low inventory this seems like a great market for investors to get involved in.

Real Property Management Select (Vallejo-Fairfield Office) is located at 1499 Oliver Road, Suite 2, Fairfield CA 94534.

 Real Property Management Select also has an office in the number 12 hottest real estate market in May 2015.  Sacramento-Roseville-Arden-Arcade, CA jumped up from number 21 in April to number 12 in May and RPM Select is right in the center of this hotbed of activity.  With the Sacramento Office located at 2143 Hurley Way Suite 103, Sacramento CA 95825 we cover the entire Greater Sacramento area including Placer County and Yolo County.

 According to Jonathan Smoke, the chief economist at Realtor.com, “Sacramento typically follows strong growth in Silicon Valley and the San Francisco Bay Area, as it is a relatively more affordable alternative. But this market has had strong employment growth above the national average and is seeing strong household growth as a result.”

Investors and homeowners ready to get involved in these emerging hot markets should contact Real Property Management Select for free rental analysis or to get  more information about our about our company and the areas we cover.

Read the entire article at realtor.com or here http://www.realtor.com/news/trends/hottest-real-estate-markets-may-2015/

 

 

The 10 Best Affordable Cities Near Wine Country

Sacramento ranked as No. 1 best affordable city near wine country

Recently Food & Wine Magazine teamed up with the Redfin real estate blog to come up with a list of the 10 best affordable cities near wine country. Naturally, you think of Napa (and BTW, we do offer Napa property management and wine country property management), but guess what? Sacramento ranked #1 in the nation!

First, our friends at Redfin looked at the U.S. cities with the most vineyards, wineries and tasting rooms nearby and then identified which of those are the most affordable. Median sale price and price per square foot of homes determined affordability. The experts at Food & Wine then chose their favorite 10 cities. They even provided their recommendations for wineries, tasting rooms, wines and restaurants to try in each city. According to Redfin and Food & Wine Magazine, “these 10 cities not only have impressive local wine options, but are also a good bang for their buck.”

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I think everyone from the most sophisticated wine connoisseur to the average wine drinker knows about Napa and Sonoma. Napa and Sonoma continue to create and distribute some of the best wines in the world.  Napa is just a short 2 to 2.5 hour drive from Sacramento. What many people might not know is that great wineries can also be found in nearby Amador County, El Dorado County and San Joaquin County. This region is best known for their Zinfandels, which are considered some of the best in California.

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 1. Sacramento, California (Lodi Wine Region)

  • Median Sale Price: $235,000
  • Median Price Per Square Foot: $154
  • Winery to Visit: Michael David Winery. Two brothers whose family has farmed Lodi since the 1850s founded this large, eco-minded winery.
  • Wine to Try: Zinfandel. This grape produces lush wines in the warm climate.
  • Where to Drink: Downtown & Vine. Wines from all over California are on offer at this restaurant-retailer.

To read the full article visit https://www.redfin.com/blog/2015/04/the-10-best-affordable-cities-near-wine-country.html#.VWyGKVxVikr.

If you are interested in renting a home or investing in the areas referenced in this article please contact Real Property Management Select Sacramento for all of your Sacramento property management needs. But don’t forget, RPM Select does offer wine country property management! Real Property Management Select has offices in Sacramento, Concord, Fairfield, and San Jose.