San Diego Rental vacancies to ’06 levels

[(former)FormerSanDiegan]

Another article that says vacancies have declined from 5.1 % in the spring to 3.4% in the fall. One source says rents down, vacancies up, another says vacancies are down significantly, another says rents are up … I wish there was some clarity on this issue.

http://www.sddt.com/RealEstate/article.cfm?SourceCode=20071130tdk
(I don’t have access to the full article.)

Apartment vacancies decline, returning condo conversions absorbed
By THOR KAMBAN BIBERMAN, The Daily Transcript
Monday, December 3, 2007

The countywide apartment vacancy rate has declined from 5.1 percent in the spring to 3.4 percent in the fall, but the wildfires don’t appear to have had much of an affect on occupancy.

[Anonymous]

I am a property supervisor for a mid size property management company that works directly for the owner of nine large (100-500) unit communities throughout SD. I have been in this business 15+ years and this season makes no sense to us. We are generally in what we consider the quiet times, but traffic is still strong and rentals are all over the board. From last year, we increased rents about 5% and our vacancy is the lowest it has been in five years. The conflicting newspaper stories are just a piece of the confusion. We expected the flood of available units from the conversion failures to hurt us, but it hasn’t happened yet… We’ll see what happens in ’08.

[Anonymous]

I am a property supervisor for a mid size property management company that works directly for the owner of nine large (100-500) unit communities throughout SD. I have been in this business 15+ years and this season makes no sense to us. We are generally in what we consider the quiet times, but traffic is still strong and rentals are all over the board. From last year, we increased rents about 5% and our vacancy is the lowest it has been in five years. The conflicting newspaper stories are just a piece of the confusion. We expected the flood of available units from the conversion failures to hurt us, but it hasn’t happened yet… We’ll see what happens in ’08.

[Anonymous]

I am a property supervisor for a mid size property management company that works directly for the owner of nine large (100-500) unit communities throughout SD. I have been in this business 15+ years and this season makes no sense to us. We are generally in what we consider the quiet times, but traffic is still strong and rentals are all over the board. From last year, we increased rents about 5% and our vacancy is the lowest it has been in five years. The conflicting newspaper stories are just a piece of the confusion. We expected the flood of available units from the conversion failures to hurt us, but it hasn’t happened yet… We’ll see what happens in ’08.

[Anonymous]

I am a property supervisor for a mid size property management company that works directly for the owner of nine large (100-500) unit communities throughout SD. I have been in this business 15+ years and this season makes no sense to us. We are generally in what we consider the quiet times, but traffic is still strong and rentals are all over the board. From last year, we increased rents about 5% and our vacancy is the lowest it has been in five years. The conflicting newspaper stories are just a piece of the confusion. We expected the flood of available units from the conversion failures to hurt us, but it hasn’t happened yet… We’ll see what happens in ’08.

[Anonymous]

I am a property supervisor for a mid size property management company that works directly for the owner of nine large (100-500) unit communities throughout SD. I have been in this business 15+ years and this season makes no sense to us. We are generally in what we consider the quiet times, but traffic is still strong and rentals are all over the board. From last year, we increased rents about 5% and our vacancy is the lowest it has been in five years. The conflicting newspaper stories are just a piece of the confusion. We expected the flood of available units from the conversion failures to hurt us, but it hasn’t happened yet… We’ll see what happens in ’08.

[sdrealtor]

I guess that is pretty much the horse’s mouth folks.

[sdrealtor]

I guess that is pretty much the horse’s mouth folks.

[sdrealtor]

I guess that is pretty much the horse’s mouth folks.

[sdrealtor]

I guess that is pretty much the horse’s mouth folks.

[sdrealtor]

I guess that is pretty much the horse’s mouth folks.

[(former)FormerSanDiegan]

pm kim – Thanks for the insight from the front lines. It’s very much appreciated to get this kind of info.

[(former)FormerSanDiegan]

pm kim – Thanks for the insight from the front lines. It’s very much appreciated to get this kind of info.

[(former)FormerSanDiegan]

pm kim – Thanks for the insight from the front lines. It’s very much appreciated to get this kind of info.

[(former)FormerSanDiegan]

pm kim – Thanks for the insight from the front lines. It’s very much appreciated to get this kind of info.

[Author]

Posts