Rental Market getting tighter..

From time to time, I like to run around the perimeter of the home sales market and today I thought it would be appropriate.

My industry insiders are indicating that the San Francisco rental market is tightening up. Asking rents are creeping up on current vacancies and with the coming seasonal influx of new renters these new rates may stick for the coming year or so.

Coupled with the lower inventory and rising rental rates may make economic sense for the border line renter / homeowner to justify buying rather than renting. Watch the buy rate at some of these new SOMA, South Beach & Central Waterfront projects.

For more information on this article or other real estate data see my website at: http://www.SFLuxuryProperties.com

Thanks for reading!!