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SmellsFeeshy
Participant[quote=sdnerd]I’m not sure what impact the UCSD schedule has on the area. Summer is coming up, so maybe it’s that time of the year or something. I have seen a lot of moving trucks the last few weeks, and younger people & their parents carrying furniture. [/quote]
I’m guessing that due to the UCSD schedule vacancies will continue to rise and prices will continue to fall through July (spring quarter ends late June IIRC). Students should start renting again in late August so maybe rent prices will stabilize a bit then.
I remember when I was looking on Craigslist I saw a 1BR at Verano renting for something like $950/month! First sub $1000 apartment I’ve seen in UTC for a long time.
SmellsFeeshy
Participant[quote=sdnerd]I’m not sure what impact the UCSD schedule has on the area. Summer is coming up, so maybe it’s that time of the year or something. I have seen a lot of moving trucks the last few weeks, and younger people & their parents carrying furniture. [/quote]
I’m guessing that due to the UCSD schedule vacancies will continue to rise and prices will continue to fall through July (spring quarter ends late June IIRC). Students should start renting again in late August so maybe rent prices will stabilize a bit then.
I remember when I was looking on Craigslist I saw a 1BR at Verano renting for something like $950/month! First sub $1000 apartment I’ve seen in UTC for a long time.
SmellsFeeshy
Participant[quote=sdnerd]I’m not sure what impact the UCSD schedule has on the area. Summer is coming up, so maybe it’s that time of the year or something. I have seen a lot of moving trucks the last few weeks, and younger people & their parents carrying furniture. [/quote]
I’m guessing that due to the UCSD schedule vacancies will continue to rise and prices will continue to fall through July (spring quarter ends late June IIRC). Students should start renting again in late August so maybe rent prices will stabilize a bit then.
I remember when I was looking on Craigslist I saw a 1BR at Verano renting for something like $950/month! First sub $1000 apartment I’ve seen in UTC for a long time.
SmellsFeeshy
Participant[quote=sdnerd]I’m not sure what impact the UCSD schedule has on the area. Summer is coming up, so maybe it’s that time of the year or something. I have seen a lot of moving trucks the last few weeks, and younger people & their parents carrying furniture. [/quote]
I’m guessing that due to the UCSD schedule vacancies will continue to rise and prices will continue to fall through July (spring quarter ends late June IIRC). Students should start renting again in late August so maybe rent prices will stabilize a bit then.
I remember when I was looking on Craigslist I saw a 1BR at Verano renting for something like $950/month! First sub $1000 apartment I’ve seen in UTC for a long time.
SmellsFeeshy
ParticipantThe rental market in UTC is pretty soft right now. I’ve been renting in UTC for the past 5 years and just finished moving to a new apartment in UTC a couple weeks ago.
Prices have dropped dramatically in the past couple of months. When I first started looking for places a typical 600-800 1BR would be going for around $1400-1600 a month. In those two months priced dropped by $200 or so. Lots of apartments are sitting vacant for weeks or months and places are doing great move in specials (the place I moved to knocked $250/month off the rent for a year).
The more luxurious apartments like Regents and Palms haven’t lowered prices that much but I think they’re hurting as well. I’ve noticed quite a few more “units available now” signs around Palms in the past couple of weeks. Also when I showed interest in an apartment at The Villas the leasing agents called me like 5 times asking if I was still interested. I should have asked for $500 off per month and see what they would have said :).
[quote=flu]At the risk of sounding pessimistic…What is the rental situation in UTC these days? I mean it seems like there was a glut of developers building new apartments (for example, the one right of the 805 onramp on La Jolla Village dr/miramar rd entrance). And I see a bunch of for rent signs from condo convert owners.
Thoughts?[/quote]
SmellsFeeshy
ParticipantThe rental market in UTC is pretty soft right now. I’ve been renting in UTC for the past 5 years and just finished moving to a new apartment in UTC a couple weeks ago.
Prices have dropped dramatically in the past couple of months. When I first started looking for places a typical 600-800 1BR would be going for around $1400-1600 a month. In those two months priced dropped by $200 or so. Lots of apartments are sitting vacant for weeks or months and places are doing great move in specials (the place I moved to knocked $250/month off the rent for a year).
The more luxurious apartments like Regents and Palms haven’t lowered prices that much but I think they’re hurting as well. I’ve noticed quite a few more “units available now” signs around Palms in the past couple of weeks. Also when I showed interest in an apartment at The Villas the leasing agents called me like 5 times asking if I was still interested. I should have asked for $500 off per month and see what they would have said :).
[quote=flu]At the risk of sounding pessimistic…What is the rental situation in UTC these days? I mean it seems like there was a glut of developers building new apartments (for example, the one right of the 805 onramp on La Jolla Village dr/miramar rd entrance). And I see a bunch of for rent signs from condo convert owners.
Thoughts?[/quote]
SmellsFeeshy
ParticipantThe rental market in UTC is pretty soft right now. I’ve been renting in UTC for the past 5 years and just finished moving to a new apartment in UTC a couple weeks ago.
Prices have dropped dramatically in the past couple of months. When I first started looking for places a typical 600-800 1BR would be going for around $1400-1600 a month. In those two months priced dropped by $200 or so. Lots of apartments are sitting vacant for weeks or months and places are doing great move in specials (the place I moved to knocked $250/month off the rent for a year).
The more luxurious apartments like Regents and Palms haven’t lowered prices that much but I think they’re hurting as well. I’ve noticed quite a few more “units available now” signs around Palms in the past couple of weeks. Also when I showed interest in an apartment at The Villas the leasing agents called me like 5 times asking if I was still interested. I should have asked for $500 off per month and see what they would have said :).
[quote=flu]At the risk of sounding pessimistic…What is the rental situation in UTC these days? I mean it seems like there was a glut of developers building new apartments (for example, the one right of the 805 onramp on La Jolla Village dr/miramar rd entrance). And I see a bunch of for rent signs from condo convert owners.
Thoughts?[/quote]
SmellsFeeshy
ParticipantThe rental market in UTC is pretty soft right now. I’ve been renting in UTC for the past 5 years and just finished moving to a new apartment in UTC a couple weeks ago.
Prices have dropped dramatically in the past couple of months. When I first started looking for places a typical 600-800 1BR would be going for around $1400-1600 a month. In those two months priced dropped by $200 or so. Lots of apartments are sitting vacant for weeks or months and places are doing great move in specials (the place I moved to knocked $250/month off the rent for a year).
The more luxurious apartments like Regents and Palms haven’t lowered prices that much but I think they’re hurting as well. I’ve noticed quite a few more “units available now” signs around Palms in the past couple of weeks. Also when I showed interest in an apartment at The Villas the leasing agents called me like 5 times asking if I was still interested. I should have asked for $500 off per month and see what they would have said :).
[quote=flu]At the risk of sounding pessimistic…What is the rental situation in UTC these days? I mean it seems like there was a glut of developers building new apartments (for example, the one right of the 805 onramp on La Jolla Village dr/miramar rd entrance). And I see a bunch of for rent signs from condo convert owners.
Thoughts?[/quote]
SmellsFeeshy
ParticipantThe rental market in UTC is pretty soft right now. I’ve been renting in UTC for the past 5 years and just finished moving to a new apartment in UTC a couple weeks ago.
Prices have dropped dramatically in the past couple of months. When I first started looking for places a typical 600-800 1BR would be going for around $1400-1600 a month. In those two months priced dropped by $200 or so. Lots of apartments are sitting vacant for weeks or months and places are doing great move in specials (the place I moved to knocked $250/month off the rent for a year).
The more luxurious apartments like Regents and Palms haven’t lowered prices that much but I think they’re hurting as well. I’ve noticed quite a few more “units available now” signs around Palms in the past couple of weeks. Also when I showed interest in an apartment at The Villas the leasing agents called me like 5 times asking if I was still interested. I should have asked for $500 off per month and see what they would have said :).
[quote=flu]At the risk of sounding pessimistic…What is the rental situation in UTC these days? I mean it seems like there was a glut of developers building new apartments (for example, the one right of the 805 onramp on La Jolla Village dr/miramar rd entrance). And I see a bunch of for rent signs from condo convert owners.
Thoughts?[/quote]
SmellsFeeshy
ParticipantWell that changes things a lot then. AFAIK (and I’m certainly not an expert on this) rent control laws vary by county so especially if you’re out of state then the laws there may be a lot different than if you were in San Diego.
SmellsFeeshy
ParticipantWell that changes things a lot then. AFAIK (and I’m certainly not an expert on this) rent control laws vary by county so especially if you’re out of state then the laws there may be a lot different than if you were in San Diego.
SmellsFeeshy
ParticipantWell that changes things a lot then. AFAIK (and I’m certainly not an expert on this) rent control laws vary by county so especially if you’re out of state then the laws there may be a lot different than if you were in San Diego.
SmellsFeeshy
ParticipantWell that changes things a lot then. AFAIK (and I’m certainly not an expert on this) rent control laws vary by county so especially if you’re out of state then the laws there may be a lot different than if you were in San Diego.
SmellsFeeshy
ParticipantWell that changes things a lot then. AFAIK (and I’m certainly not an expert on this) rent control laws vary by county so especially if you’re out of state then the laws there may be a lot different than if you were in San Diego.
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