USC Casden Multifamily Forecast: With Rents and Occupancy on the Rise, the SoCal Apartment Market Seeing Drastic Improvements April 11,2012

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

"A sharp drop in new construction, the dwindling supply of shadow-market units, and improvements in the macroeconomy have strengthened fundamentals on both the supply and demand side," Seslen said. "This is boosting asking rents, reducing or eliminating concessions, and filling units. However, the rate of increase will begin to level off a bit by 2013."

For the full press release, view the link below: