Despite slowing job growth in the face of lingering COVID restrictions near the end of Q2 2021, the San Diego apartment market is seeing record breaking demand and growth. This was the message conveyed by Josh Ohls, Director of Market Analytics for CoStar during a recent Mid-Year State of the Market. County-wide, San Diego has […]
The San Diego region is one of high rents, low vacancies, and low cap rates, so say two reports recently covered by the San Diego Daily Transcript. New data, comparing rent growth number year-over-year found that San Diego rents as of March 2017 had reached $1,748 an increase of nearly 8% from last year. This […]
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 […]
After many months of dramatic growth in rents nationwide, numerous economists are now saying there is increased evidence that a cool down is coming.
From young adults looking to buy for the first time and to baby boomers looking to downsize and save capital, a diverse flood of different generations have driven San Diego to eclipse its rent growth records of the past according to data released by a prominent apartment finder organization.
The rapid rise in demand for multifamily units has caused the longest period of rental market tightening since the 1960’s, so says report by the Joint Center for Housing Studies at Harvard University.
Recommended by ACI Principal Keith Courtney, this brief, under 3 minute video explains apartment trends that have/are possible in the apartment market Q1 2016. The original post for the video, published by REIS can be found HERE.
San Diegans spent $9.4 billion on rent last year, an increase of 3 percent from 2014, said a new study from real estate website Zillow.
More evidence emerged Wednesday that San Diego’s accelerating economy is driving up rents faster than employers are increasing wages.
It hasn’t been this hard to find an apartment in San Diego County in a dozen years. The San Diego County Apartment Association reported Tuesday that the apartment vacancy rate in the county is down to 2.8 percent. That means if you’re looking for a place to rent, only 2.8 percent of the units would […]
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