April 2025 Newsletter: Celebrating 10 Years & Welcoming Spring

Rental Market Update: Steady Demand Continues

The rental market remains robust as we move through April:​

• Properties Leased: In March, we successfully rented 22 units, reflecting sustained tenant interest.​
• Vacancy Rate: Our current vacancy rate stands at 5.5%, a slight improvement from the previous month.​

✅ This consistent demand underscores the appeal of well-maintained properties in desirable locations.​

Shasta County Sales Market Insights

According to Josh Barker's April 2025 Market Update, the Shasta County real estate market is experiencing notable trends:​

• Homes Sold: March saw 143 homes sold, marking a 16% increase from February's 123 sales.​
• Pending Sales: There are currently 213 homes under contract, indicating a strong buyer presence.​
• Active Listings: The market features 720 active listings, providing a variety of options for prospective buyers.​
• Median Sale Price: The median sale price has stabilized at $387,000, suggesting steady home values.​
• Mortgage Rates: The average 30-year fixed mortgage rate remains around 7%, with potential adjustments anticipated later this year.​

✅ These figures highlight a resilient housing market with active participation from both buyers and sellers.​

Spring Maintenance Tips for Property Owners

As we embrace the spring season, consider the following maintenance tasks to keep your property in top condition:​

• Inspect Roofing and Gutters: Clear any debris and check for damage to prevent leaks.​
• Landscaping Care: Trim overgrown vegetation and refresh plantings to enhance curb appeal.​
• Irrigation Systems: Test and repair sprinkler systems to ensure efficient watering.​
• Pest Control: With warmer weather, pests become more active. Schedule regular inspections to keep infestations at bay.​

✅ Proactive maintenance not only preserves property value but also ensures tenant satisfaction.​

Evaporative Cooler Maintenance: Preparing for Warmer Days

With spring in full swing and temperatures on the rise, it's time to ensure that properties equipped with evaporative coolers are ready for the heat.​

• For Tenants: Our maintenance team will begin the seasonal servicing of evaporative coolers to guarantee optimal performance during the warmer months. Need to submit a Maintenance Request? Click here.
• For Homeowners: If your property has an evaporative cooler, please contact us to schedule the opening procedures or discuss any specific maintenance requests.​

✅ Timely servicing not only enhances tenant comfort but also prolongs the lifespan of the cooling units.​

Wrap Up

As we celebrate a decade of service, we remain committed to delivering exceptional property management solutions across Redding and beyond. Your continued partnership is deeply valued, and we’re excited for what’s ahead.

If you have any questions, need maintenance support, or want to discuss your investment goals, please don’t hesitate to reach out.

Regards,

The Authority Property Management Team