- This topic has 70 replies, 7 voices, and was last updated 14 years, 11 months ago by donaldduckmoore.
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February 11, 2009 at 2:26 PM #15033February 11, 2009 at 4:11 PM #344760DWCAPParticipant
I can say that rents are all over the board. Some places seem to think that itll be a good idea to raise rents yet again, others are lowering them, some are trying to rent at par.
It seems that the worst asset to try to rent is a 2/2 condo. They are all over the place, and I dont remember any for $1200month a few months ago.
http://sandiego.craigslist.org/csd/apa/1029085235.html
Please notice that this is the least desirable area of MM.
Also notice that they are advertising 1/2 months rent deposit and take pets. Rather than lowering rents, I get the feeling that alot of LL’s are trying to spur renters by lower deposits and allowing pets. They are also doing the “rest of the month free” or “half off first months rent” thing. Whatever they can do to get a renter, without actually lowering the rent, they are doing.
SFR’s are holding the line mostly, but MM is generally the cheapest SFR’s to rent in the area. They are also popular amongst students as you can cram 3-6 into them and split that rent up alot. It is alot harder to do that in an Apt/condo.
Id say that SFR rents are holding, Condo rents are falling slightly, and incentives like low deposits and single month discounts are increasing.
Interestingly I have noticed another trend is to only be signing 6-8 month leases. I think this is good for Military and student renters, who move often. I also believe that many LL’s believe weak rents to be a temporary thing, and want to be able to get “full rent” as soon as possible.
February 11, 2009 at 4:11 PM #345322DWCAPParticipantI can say that rents are all over the board. Some places seem to think that itll be a good idea to raise rents yet again, others are lowering them, some are trying to rent at par.
It seems that the worst asset to try to rent is a 2/2 condo. They are all over the place, and I dont remember any for $1200month a few months ago.
http://sandiego.craigslist.org/csd/apa/1029085235.html
Please notice that this is the least desirable area of MM.
Also notice that they are advertising 1/2 months rent deposit and take pets. Rather than lowering rents, I get the feeling that alot of LL’s are trying to spur renters by lower deposits and allowing pets. They are also doing the “rest of the month free” or “half off first months rent” thing. Whatever they can do to get a renter, without actually lowering the rent, they are doing.
SFR’s are holding the line mostly, but MM is generally the cheapest SFR’s to rent in the area. They are also popular amongst students as you can cram 3-6 into them and split that rent up alot. It is alot harder to do that in an Apt/condo.
Id say that SFR rents are holding, Condo rents are falling slightly, and incentives like low deposits and single month discounts are increasing.
Interestingly I have noticed another trend is to only be signing 6-8 month leases. I think this is good for Military and student renters, who move often. I also believe that many LL’s believe weak rents to be a temporary thing, and want to be able to get “full rent” as soon as possible.
February 11, 2009 at 4:11 PM #345224DWCAPParticipantI can say that rents are all over the board. Some places seem to think that itll be a good idea to raise rents yet again, others are lowering them, some are trying to rent at par.
It seems that the worst asset to try to rent is a 2/2 condo. They are all over the place, and I dont remember any for $1200month a few months ago.
http://sandiego.craigslist.org/csd/apa/1029085235.html
Please notice that this is the least desirable area of MM.
Also notice that they are advertising 1/2 months rent deposit and take pets. Rather than lowering rents, I get the feeling that alot of LL’s are trying to spur renters by lower deposits and allowing pets. They are also doing the “rest of the month free” or “half off first months rent” thing. Whatever they can do to get a renter, without actually lowering the rent, they are doing.
SFR’s are holding the line mostly, but MM is generally the cheapest SFR’s to rent in the area. They are also popular amongst students as you can cram 3-6 into them and split that rent up alot. It is alot harder to do that in an Apt/condo.
Id say that SFR rents are holding, Condo rents are falling slightly, and incentives like low deposits and single month discounts are increasing.
Interestingly I have noticed another trend is to only be signing 6-8 month leases. I think this is good for Military and student renters, who move often. I also believe that many LL’s believe weak rents to be a temporary thing, and want to be able to get “full rent” as soon as possible.
February 11, 2009 at 4:11 PM #345192DWCAPParticipantI can say that rents are all over the board. Some places seem to think that itll be a good idea to raise rents yet again, others are lowering them, some are trying to rent at par.
It seems that the worst asset to try to rent is a 2/2 condo. They are all over the place, and I dont remember any for $1200month a few months ago.
http://sandiego.craigslist.org/csd/apa/1029085235.html
Please notice that this is the least desirable area of MM.
Also notice that they are advertising 1/2 months rent deposit and take pets. Rather than lowering rents, I get the feeling that alot of LL’s are trying to spur renters by lower deposits and allowing pets. They are also doing the “rest of the month free” or “half off first months rent” thing. Whatever they can do to get a renter, without actually lowering the rent, they are doing.
SFR’s are holding the line mostly, but MM is generally the cheapest SFR’s to rent in the area. They are also popular amongst students as you can cram 3-6 into them and split that rent up alot. It is alot harder to do that in an Apt/condo.
Id say that SFR rents are holding, Condo rents are falling slightly, and incentives like low deposits and single month discounts are increasing.
Interestingly I have noticed another trend is to only be signing 6-8 month leases. I think this is good for Military and student renters, who move often. I also believe that many LL’s believe weak rents to be a temporary thing, and want to be able to get “full rent” as soon as possible.
February 11, 2009 at 4:11 PM #345083DWCAPParticipantI can say that rents are all over the board. Some places seem to think that itll be a good idea to raise rents yet again, others are lowering them, some are trying to rent at par.
It seems that the worst asset to try to rent is a 2/2 condo. They are all over the place, and I dont remember any for $1200month a few months ago.
http://sandiego.craigslist.org/csd/apa/1029085235.html
Please notice that this is the least desirable area of MM.
Also notice that they are advertising 1/2 months rent deposit and take pets. Rather than lowering rents, I get the feeling that alot of LL’s are trying to spur renters by lower deposits and allowing pets. They are also doing the “rest of the month free” or “half off first months rent” thing. Whatever they can do to get a renter, without actually lowering the rent, they are doing.
SFR’s are holding the line mostly, but MM is generally the cheapest SFR’s to rent in the area. They are also popular amongst students as you can cram 3-6 into them and split that rent up alot. It is alot harder to do that in an Apt/condo.
Id say that SFR rents are holding, Condo rents are falling slightly, and incentives like low deposits and single month discounts are increasing.
Interestingly I have noticed another trend is to only be signing 6-8 month leases. I think this is good for Military and student renters, who move often. I also believe that many LL’s believe weak rents to be a temporary thing, and want to be able to get “full rent” as soon as possible.
February 11, 2009 at 4:46 PM #345212crazy doggParticipant“Please notice that this is the least desirable area of MM.”
If I recall correctly, Mira Mesa has only one desirable area…it’s called Penasquitos. Zing!
February 11, 2009 at 4:46 PM #345243crazy doggParticipant“Please notice that this is the least desirable area of MM.”
If I recall correctly, Mira Mesa has only one desirable area…it’s called Penasquitos. Zing!
February 11, 2009 at 4:46 PM #344780crazy doggParticipant“Please notice that this is the least desirable area of MM.”
If I recall correctly, Mira Mesa has only one desirable area…it’s called Penasquitos. Zing!
February 11, 2009 at 4:46 PM #345342crazy doggParticipant“Please notice that this is the least desirable area of MM.”
If I recall correctly, Mira Mesa has only one desirable area…it’s called Penasquitos. Zing!
February 11, 2009 at 4:46 PM #345103crazy doggParticipant“Please notice that this is the least desirable area of MM.”
If I recall correctly, Mira Mesa has only one desirable area…it’s called Penasquitos. Zing!
February 12, 2009 at 11:18 AM #345092donaldduckmooreParticipantThanks for the detailed feedback and analysis. MM and Penasquitos are not the same areas that are close to each other.
February 12, 2009 at 11:18 AM #345655donaldduckmooreParticipantThanks for the detailed feedback and analysis. MM and Penasquitos are not the same areas that are close to each other.
February 12, 2009 at 11:18 AM #345416donaldduckmooreParticipantThanks for the detailed feedback and analysis. MM and Penasquitos are not the same areas that are close to each other.
February 12, 2009 at 11:18 AM #345523donaldduckmooreParticipantThanks for the detailed feedback and analysis. MM and Penasquitos are not the same areas that are close to each other.
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