A guy I know has to find a new rental, after only one year in the current one (the previous owner got foreclosed).
He is looking costal, Del Mar to South Carlsbad and he says the asking prices are 10-15% lower today than 15 months ago. What used to be close to $3K is now available for $2,300 – $2,500 (newer 2K+ sf w/out view or older 1,600+ with view).
Also, the landlords are more open to hosting his three large dogs.
