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San Diego
San Diego is the second largest city in California by population. The city’s rents and yields are on the rise, its population is growing, and demand for rental property is increasing. San Diego’s real estate market was ranked the fifth most expensive market in the US in 2015. With a growing population comes growing demand for property that is expected to further rise in 2017.
The San Diego rental market is currently a landlord market. San Diego’s population is growing and the tourist industry is one of the most successful in the nation. This make investing in San Diego real estate very profitable. As the demand for rental property continues to increase, and the limited inventory of property continues to exist, landlords are benefiting the most in this equation.
There is also an emphasis on the construction of single-family homes as opposed to last year’s focus on multi-family homes. This gives investment properties the chance to achieve higher cash flows. The expansion is a great opportunity for the investor and it is proof that San Diego real estate investment are well positioned and offer potential.
