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Rental Market Continues to Stay Strong.

Russell McKee - Tuesday, May 20, 2014
The rental market continues to stay very strong in San Diego.  With demand for housing outrunning supply, rents are expected to rise, making now a great time to be a property owner in San Diego.  According to new date released in March from real estate data company MarketPointe, the average rent in San Diego County was $1,361, up 2.6 percent from a year ago.  Fewer units and more stringent standards for mortgages has pushed more people into the rental market.  Vacancy rates also hit a new record this year at 4.43 percent, the lowest rate since March of 2008.  San Diego has the sixth-lowest vacancy rate behind New York, Minneapolis, Portland, OR, San Jose and Seattle.

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1001 B Avenue, Suite 203
Coronado, CA 92118

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P.O. Box 180980
Coronado, CA 92178-0980

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