Research Center - Orange County
Landlords Hold Pricing Power in Orange County
Demand for apartments continues to be strong in the area, where high construction costs and surging land values maintain the housing market as one of the most expensive in the country.
Orange County Gives Its Best Performance
At the end of the first half of 2017, the metro reached its lowest vacancy rate since the recession, continuing the previous year’s positive net absorption streak.
The high barrier to homeownership combined with a limited supply of new apartments has pushed multifamily occupancy to among the highest in the country.22 March 2017 13:58
Image courtesy of JLL13 March 2017 12:59