Apartment Consultants Inc. (ACI) recently attended a presentation by the CoStar Group discussing the State of the Multifamily industry. This article consists of a summarization of notes from that presentation. ACI has been San Diego’s top multifamily apartment brokerage for the past 35 years. The group of experts lead by Product Marketing Specialist John Berryman, […]
CoStar’s Joshua Ohl discusses strong fundamentals and above average rent growth in San Diego during the CoStar Group’s San Diego Apartment Overview.
Despite signs of tightening within the multifamily sector, the national rent growth roller-coaster continues to climb, albeit slowly, going into 2018. Although many real estate professionals see this as a sign that property values will soon decrease, any drop right now would likely be extremely shallow, buffered by a lack of supply nationwide. These are […]
Lacking multifamily construction continues to push San Diego County towards higher rents, higher occupancy USC Lusk 2017 Multifamily Forecast Report.
Apartment demand surged to a near-record volume in the second quarter, according to real estate technology and analytics firm RealPage, Inc. and Axiometrics
We continue our look at the CoStar’s State of the U.S. Multifamily Market presentation by digging deeper into the individual multifamily metro markets and how San Diego in particular continues to see record coverage. Discussing multifamily from an individualistic level, Michael Cohan, an industry expert within CoStar, maintains that vacancy in specific tiers of metro […]
A recent study by Freddie-Mac found that seven in 10 renters express concern over growing utility costs over rent increases & its affect on income.
Patricia Kirk of BisNOW recently sat down with ACI’s own Terry Moore to discuss the need for multifamily construction is San Diego wants to stay affordable.
For additional evidence that renting by choice is a reality, consider a pair of new studies from credible authorities—Zillow and the National Association of Realtors—showing high percentages of renters who could afford to buy instead don’t.
Chula Vista grew by 26% per apartment to 37% per square foot. National City values grew about 33% 2011 and 2015 in the three main value measurements.
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