By Steve Large

SACRAMENTO (CBS13) — It’s a rent trend that may finally offer some relief in Sacramento.

Rapidly rising rents appear to be subsiding, even in San Francisco. A new rent trend is according to a survey published by Zillow on Thursday. It shows San Francisco rents dropped year-over-year for the first time in seven years.

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Sacramento rents only increased 1.8 percent, a drop from the 6.5 percent increase in rents a year earlier. The same report shows the increase in Sacramento home values slowed, up 4.8 percent, compared to 8.4 percent a year ago.

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“Everything is slowing down,” S&S Property Management owner Bill Shower said.

Shower manages 1,000 rental properties in the Sacramento region. He says one reason for the slowing trend, is more people leaving Northern California.

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“We do see that, a lot going to Colorado a lot going to rural areas in California,” Shower said.

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And Shower says rents dropping in San Francisco will mean rents eventually dropping in Sacramento too.

“It’s always three, four, five months behind,” Shower said. “But its coming.”

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A change in real estate, stretching across Northern California. Whether renting or buying, finding a place to live may finally be a little easier.