The national and the local apartment vacancy rates, far apart in recent years, are much closer now.
Reis, Inc. (AMEX: WRP) a New York-based research firm, said the nation’s average apartment vacancy was 5.8 percent as of the end of the second quarter, down from 6 percent during the first three months of 2007 –reportedly the [...]

Although apartment rents nationally have been forecasted to increase 5 percent this year — the equivalent of a 14 percent increase in rent since the end of 2004 — San Diego County is one of the few regions in the country where this is unlikely to occur.
According to a recent Marcus & Millichap report, asking [...]

The head of the state Coastal Commission has sent a letter warning coastal cities they shouldn’t approve new types of time-share development or condo-hotels without taking significant other steps first.
In a memo to all coastal city governments and “interested parties” dated Tuesday, Peter Douglas, executive director of the commission, said the new higher-priced developments run [...]