The past three years of surging buyer demand for apartments close to San Diego’s urban core is overflowing into markets in East County and North County, with a particular increase in activity in both Escondido and El Cajon. Voit Real Estate Services SVP Robert Vallera (here with daughter Aria) tells us as tenant demand strengthens in those areas, these markets are finally experiencing serious rent growth and buyers are responding in kind. This rental demand is fueled in part by strong job growth over the past 12 months; Robert says it’s a good opportunity for investors to venture into markets that aren't as overheated as the San Diego metro area. He recommends taking advantage of higher cap rates in these markets: Think outside the urban core box. For more info on our Bisnow partner, click here.
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Voit Real Estate Services
https://x.com/voitrealestate www.voitco.com/+1.949.644.8648
mwang@voitco.com
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Voit Real Estate Services is a, debt–free and privately owned operator of commercial real estate services throughout the Western United States. In existence since 1971 through multiple market cycles, we have evolved into a full-service real estate company with expertise as a real estate owner, operator, broker, property manager, contractor and developer. With all of these capabilities, we are still able to retain the culture of a small boutique firm.
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