Home Front

A blog about the economy and the Sacramento-area real estate market.

April 1, 2008
Sacramento-area renters: feeling a supply squeeze?

This is an SOS call. I am just starting the reporting for a story that will assess the state of the rental market in the Sacramento region. Renters are a part of the big real estate story that admittedly gets short shrift during a housing crisis.

Obviously, more and more people are getting booted out of their homes due to foreclosure and all those people need a place to rent now. And many of the vacant homes are owned by banks and thus are not available for rent.

We want to see if there is a supply squeeze building here, if rent is rising and if there is suddenly more competition now for rentals. I am hearing that this is the case in many cities around the state as foreclosures push more people back to rentals.


The Sacramento area has been immune to rising rents for almost four years. Rents have stayed mostly flat and people have talked about the region's excess of shelter after a few years of overbuilding. Is this changing?

The story will run in about a week and a half. If you have experiences, personal insight into the rental market or a sense that it's tightening and pushing up rent prices here, too, I'd love to hear from you. jwasserman@sacbee.com. Thank you in advance.

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