Rising Rents in San Diego

It's expensive to rent in San Diego - especially if you want to live by the beach. But a new study from real-estate tracker Trulia is warning that rents are rising the fastest in more affordable areas. For instance, rent is dropping in higher priced areas like Rancho Santa Fe and Encinitas, but it's up between 7 and 9 percent over the year in more affordable areas, like La Mesa, Clairemont, and Mission Valley. The median for San Diego County, which includes single-family homes and apartments, is now $2,600, up 4 percent annually. “We’ve started to see cooling in a [...]

By | March 13th, 2018|Categories: Uncategorized|

Ten Reasons To Use a Property Manager

If you've owned income property for any length of time, you know that managing a rental can be financially rewarding. At the same time, you've also likely discovered that property management requires a large commitment of time and effort. While it may make sense to take the do-it-yourself approach if you're a handy person, live close to your property, and don't mind devoting several hours per month to the task, in many cases this just isn't practical---especially if you hope to expand your business. With this in mind, here are some critical tasks Michael Anthony Properties can help you with: [...]

By | June 7th, 2015|Categories: In The News|

San Diego Rising Rents

More evidence emerged Wednesday that San Diego’s accelerating economy is driving up rents faster than employers are increasing wages, pinching many households. The San Diego County Apartment Association reported that the average rent in the county was $1,514 a month in its April survey. That’s up 20 percent from the same time last year, although association officials cautioned that its survey does not precisely compare the same set of units each year. Yet other recent, larger surveys have found even higher average costs, ranging from $1,575 to $1,756 per month — with rents rising at annual rates of between 3 [...]

By | June 5th, 2015|Categories: In The News|