San Diego Appraiser Blog

Board of Governors of the Federal Reserve System, June 2020 Monetary Policy Report. This report includes a very detailed assessment of the economy, the impact of the Covid-19 crisis, and projections based on information from June, 2020.  



FederalReserveJune2020Report.pdf



Posted by Jennifer Chandos on July 5th, 2020 4:10 PMLeave a Comment

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The Congressional Budget Office Has Released an Economic Outlook Update as of July, 2020. CongressionalBudgetOfficeEconomicOutlookUpdate2020.pdf

Posted in:Market Trends and tagged: Economic Forecast
Posted by Jennifer Chandos on July 4th, 2020 2:44 PMLeave a Comment

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August 29th, 2019 10:03 AM

The Southern California Rental Housing Association released its apartment rent and vacancy survey this past month.  The publication reported that the City of San Diego apartment vacancy rate was at 4.3%, which is up from the same time in 2018, when the rate was 2.9%.   It should be noted that apartment vacancy rates are seasonal tend to be lower in the spring and higher going into the fall.  The average City of San Diego one-bedroom apartment rents were reported at $1,292, two-bedroom units at $1,850, and three-bedroom units at $2,407 per month.  The report noted that apartment occupancy was more evenly distributed county wide relative to the past, as all apartment property owners are benefitting from this period of very strong demand and limited market inventory.   


Posted in:Market Trends and tagged: Multi-Family
Posted by Appraiser Chandos Pacific on August 29th, 2019 10:03 AMLeave a Comment

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