The Inland Empire Finally Gains Some Jobs
Despite the recent data that job creation is finally starting to appear in the Inland Empire, there’s still a long way to go to reach full economic recovery.
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Inland Empire
Inland Empire Apartment Market Remains Southern California’s Laggard
The apartment sector in the Riverside/San Bernardino area is improving, but it didn’t get the big bumps seen in Los Angeles and Orange County of late.
Shadow Market Rentals Have Gained Traction Again in Select Areas
Competition from single-family homes and condos didn’t seem to dampen U. S. apartment market demand during most of 2009 and the first half of 2010. More recently, it looks like shadow market rental product has seen its popularity rise again in specific metros.
Southern California's Apartment Markets Gain a Bit of Momentum
For the first time in the cycle, most of Southern California’s markets posted meaningful rent increases about in line with the upturn recorded for the nation as a whole.
Among Southern California Markets, Ventura/Oxnard Stands Way Above the Pack
Southern California’s apartment sector saw very muted revenue growth in 2010, with one big exception: Ventura/Oxnard.
Rent Growth Remains Muted in the Inland Empire
Like most Southern California markets, the Riverside/San Bernardino area lagged behind the national norm for apartment market revenue growth in 2010.