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A Comparison between the Rental Market and the Buyer Market

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?