Real estate blog entries tagged with apartments for sale san diego by East West Commercial Real Estate

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Home : Blogs : Michael Duhs : Michael Duhs's Blog : Tag "apartments for sale san diego"

apartments for sale san diego: California Landlords are Cutting Apartment Rents to Fill Vacancies. The Real Cure: Growth in Employment - 01/10/10 11:11 PM

With vacancies running above 10.6% nationally according to the U.S. Census Bureau Second Quarter 2009 data, landlords are doing what it takes to fill rental space in the nation’s apartment stock. In parts of southern California, namely the Inland Empire and Los Angeles, reports are indicating higher vacancy than the national average. Unemployment has reached a 25 year high and expected to near 11% by the second quarter. It could get more challenging over the next 9 months before it gets better.

What are the main causes for the vacancies? Some would say poor management. But, when it’s hitting a … (0 comments)

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Michael Duhs

Laguna Niguel, CA

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East West Commercial Real Estate

Address: 30262 Crown Valley Pkwy. Suite B518, Laguna Niguel, CA, 92677

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