Hayward, CA (PRWEB) February 12, 2014
Real estate and full service property management company, ACL Real Estate and Property Management says that the East Bay region of San Francisco has seen rising popularity through 2013 among families seeking a home, a trend that is likely to continue into 2014. With both home prices and rents seeing a steep surge through 2012 and 2013, East Bay has become an attractive option for those looking to reside in San Francisco.
According to ACL Real Estate and Property Management, the rise in rents and real estate prices have not risen as steeply in East Bay as they have across most of San Francisco. The housing market in the East Bay saw a huge dip during the recession, within prices beginning to see significant upsurge only in 2013, although house prices are still short of the pre-downturn peaks. On the other hand, this has also made the market very promising for those looking to sell their homes and relocate.
“The disparity in real estate prices between San Francisco and other counties in the Bay Area, especially East Bay, is huge at present,” says a spokesperson from ACL Real Estate and Property Management, adding that the “expansion of tech companies to the region has added to this pricing gap.”
Offering full service property management services that ease the entire process, right from putting up a home for rent right to taking care of the paperwork and maintenance of the property, ACL Real Estate and Property Management is among the leading service providers in the East Bay and Peninsula regions for tenants, landlords, home buyers and home sellers. The company has been witness to the rising popularity of the region as a potential place of residence for families.
However, ACL Real Estate and Property Management also believes that the stiff competition among buyers seen in 2013 is unlikely to continue in 2014. “Houses were selling well above their asking rate with buyers fighting over the limited inventory in the city in 2013,” the company said. This situation is expected to stabilize in 2014, with new housing units slated to hit the market through the year, although demand is unlikely to ease.
About ACL Real Estate and Property Management: ACL Real Estate and Property Management is a full service property management and real estate firm with wide experience in the East Bay and Peninsula regions. The company has a proven track record of low cost, high quality services. It has helped numerous clients in both selling and buying any type of property. The company also offers comprehensive property management services that ease the process of selecting tenants, maintaining the home and ensuring timely rent collection for homeowners.