April 7, 2010
Real Estate: Rents forecast to rise in SD County, fall in Riverside County
North County Times
By Eric Wolff
... Residential rental rates will rise 0.7 percent in San Diego County and fall 1 percent in Riverside County this year and next, according to a forecast released Tuesday by the Lusk Center for Real Estate Development at the University of Southern California.
In both cases, anticipated job forecasts drove the change in rents, said Tracey Seslen, an assistant professor of clinical finance at the center. In San Diego County, the strength of the defense and biotech industries should carry the economy, she said...