I notice that it is hard to rent out units right now. When do you think it will become easier to rent out units?
@maxskywalkr
Ай бұрын
@@rsu1367 where at?
@rsu1367
Ай бұрын
@@maxskywalkr Los Angeles area and in a rural area of Northern California.
@sammyocgirl7411
Ай бұрын
when they drop prices I see units for rents on zillow for more than 60 days and the owners ont drop the price crazy
@michaelb9599
29 күн бұрын
@@maxskywalkr San Diego too. Currently, have 2 rentals near UCSD priced smack in the middle of other similar condos. Newer mega apartment complex are flooding the market, giving renters so many options to choose from.
@WIREassociates
28 күн бұрын
Yep, in areas with a lot of new construction, the inventory will lead to price drops.
@gotmerou
Ай бұрын
Great Breakdown, thanks!
@maxskywalkr
Ай бұрын
Why do you think rents are stabilizing or going down in LA? Is that a sign of something else going on in the market?
@WIREassociates
28 күн бұрын
It's at least partly due to affordability hitting a ceiling. Plus in some areas of LA, there's more new rental inventory and that is the real way to decrease rents...add more supply.
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