Our team calls North San Diego County home, and we understand the unique challenges of our local real estate market. Tired of trying to decipher the ups and downs of the market? Turn to our expert San Marcos property management team and let us handle the hard stuff for you. For over 40 years, the team at Real Property Management has been helping San Marcos property owners to maximize the potential of their rentals. Whether you're a busy investor with a large portfolio of rentals in San Marcos, or you're instead a homeowner looking for a helping hand, property management services can alleviate your stress and help you stay profitable. This makes San Marcos extremely popular for commuters. All three local airports sit within 60 miles of San Marcos, and SPRINTER trains linking the community to San Diego depart every 30 minutes. The cityscape of San Marcos includes several expansive parks and a large trail system. Numerous golf courses are also located in the area, serving as a draw for tourists and residents alike. Notable points of interest in San Marcos include Old California Restaurant Row, home to a wide assortment of different eateries that highlight cuisines from across the globe. In turn, the necessity of having a qualified San Marcos property management company is at an all time high as well. The demand for rental property in San Marcos is at an all time high. Today, the city remains a popular destination for residents of North San Diego county, with low unemployment rates, expansive commercial development, numerous local attractions and two colleges including California State University San Marcos. San Marcos first began to experience population growth in the 1950s, when water from the Colorado River arrived in the area. Jonathan Lansner is the business columnist for the Southern California News Group.A culturally and ethnically diverse city in the heart of northern San Diego, San Marcos is home to over 80,000 residents. In-between are counties with modest hikes: Los Angeles (up 12%), Sonoma County (up 11%), Contra Costa (up 7%), and Santa Clara (up 3%). And 20%-plus gains can be found in San Diego (35%), Fresno (34%), Orange (30%), Sacramento (27%), San Joaquin (23%), and Ventura (23%).Ĭonversely, rents are down over five years in San Francisco (off 14%) and San Mateo (off 2%). Riverside rents are up 40% since 2018 and up 38% neighboring in San Bernardino. Tenants to the south and inland now send significantly larger checks to the landlord. Those long-run rent hikes, however, are a very split picture by county.
But let’s not forget that California rents are up 17% in five years. Bottom lineĪugust is the fourth consecutive month we’ve seen a 12-month decline as measured by this statewide rent benchmark. San Diego: $2,427 – off 1.3% in a year vs.
San Bernardino: $1,848 – off 1.9% in a year vs.
BENCHMARK PROPERTY MANAGEMENT SAN MARCOS CA FREE
REAL ESTATE NEWSLETTER: Get our free ‘Home Stretch’ by email.Los Angeles: $1,927 – off 2.4% in a year vs. Sacramento: $1,664 – off 2.8% in a year vs. San Joaquin: $1,528 – off 3% in a year vs. Santa Clara: $2,560 – off 3.1% in a year vs. San Mateo: $2,478 – off 3.6% in a year vs. an average 2.5%-a-year dip in the previous 4 years. San Francisco: $2,207 – off 4.3% in a year vs. MORTGAGE NEWS: What’s up with rates? CLICK HERE!.Riverside: $2,031 – off 4.5% in a year vs. 3% average gains during the previous four years. Look how rental markets in large California counties fared in August, ranked by the size of the rent declines …Ĭontra Costa: $2,025 rent monthly in August, off 4.9% in a year vs. These are broad trends. Rents fell in all but one of 15 counties tracked with most of the steepest decline to the north.
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