Bay Area Property Management Company, Stokley Properties Announces that Lackluster Home Sales Boost Bay Area Rental Homes Market

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The rental home market in the Bay Area has experienced growth due to lackluster home sales and prices, according to an SF Chronicle article dated Dec. 15.

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Stokley Properties

It is important for a property owner to be aware of what the real estate market is going through now so that they can make informed and sound decisions

Bay Area property management company, Stokley Properties Inc. works closely with the real estate community to help their clients make the decision of whether to turn a home into a rental income-producing property. Currently, Stokely Properties is noticing a boost in the Bay Area Rental Homes Market due to lackluster home sales.

“It is important for a property owner to be aware of what the real estate market is going through now so that they can make informed and sound decisions,” Joseph Stokley Jr. of Stokley Properties Inc. said

Homeowners who chose not to sell their properties at depressed prices are deciding to wait it out and turn their homes into rental properties.

“We are seeing this happening more every month. The property owners are taking advantage of a very strong rental market as well,” reported The Contra Costa Times in Oct. 20.

Rents are also climbing sharply in the East Bay as people who were once homeowners look for places to rent after losing their homes to foreclosure or not making their mortgage payments.

Contra Costa County has seen a 7 percent increase since last year and Alameda County has seen an 8.7 percent increase in rents.

For more information on the Bay Area property management company, Stokley Properties Inc., call 925-658-1415, view it on the web at http://www.stokleypropertieseastbay.net or visit 1630 North Main St., Suite 54, Walnut Creek, CA 94596.

About Stokley Properties Inc.

The Walnut Creek company, Stokley Properties, provides complete property management services throughout the greater San Francisco East Bay Area, including Concord, San Ramon, the Bay Area, Brentwood, Martinez and Oakland. They provide professional real estate investment advice to enable clients to make well-informed decisions. Services include advertising and marketing, residential screening, leasing and retention management, property inspections and more.

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Joe Stokley
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