A Comparison between the Rental Market and the Buyer Market

System - Friday, October 4, 2019

Today on the Southern California Real Estate Report we look at where the rental market is currently and how it compares to home sales.

- For people living in hot San Diego markets, more often by the beach, home ownership might be out of reach and that seems to be helping the high-end rental market.

-A lot of new Class A rental product has hit the market in recent years and  we are seeing some slow down in rents but that might change as this product is absorbed.

-The question is: are people staying renters longer to stay living in more desirable parts of the city?