San Diego Rental Investment Market
SAN DIEGO RENTAL INVESTMENT MARKET — In a new Forbes study, John Chang, of Marcus and Millichap, generated raw data involving the rental market all across the country. Increasing demand for housing has made San Diego one of the toughest rental markets in the country, second only to Miami. This is great news for investors. In another recent study, Marcus and Millichap rated San Diego the ninth best apartment investment market in the country.
With its beautiful weather, expansive coast line, and ample amounts of opportunity, it’s no surprise that San Diego is a highly desirable place to live. On top of the city’s major appeal, the researchers at Marcus and Millichap state, steady employment gains will continue to fuel consumer spending in San Diego, translating to rising retail sales and strengthening tenant demand. The region is expected to add a large amount of jobs as well. This means that the investing opportunities associates with renters will continue to reap more and more profit. Looking for an investment rental? Contact Boatcher + Associates today to begin your process.
Stabilizing prices are also proving to be advantageous for renters who are looking to take advantage of low interest rates before promised rate increases later this year. Buying your first place is an excellent investment. Boatcher + Associates can help you crunch the numbers to see why you may actually save money by purchasing your first home!
Ask us about getting pre approved with Keller Mortgage for a no cost loan and $1,000 towards your closing costs when you purchase a home through us.