Interest is rising in San Diego County for multi-unit housing and the market is steadily improving. The San Diego Business Journal, reports the “rising sales activity is being spurred by the region’s relatively good employment prospects, a limited supply of new apartment buildings, and a financing picture that is less bleak than a year ago.”
In my interactions with investors around the county, I am speaking and working with people who are enjoying profitability and low vacancies. With San Diego’s vacancy rate of 4.75% (March 2010 data) is well below the national vacancy rate of 8%, making San Diego multi-unit housing a firm investment.
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Posted by rpmsandiego 
