LA apartment rents forecast to rise 3 to 5 percent in 2007

by John Wake on April 4, 2007

The Southern California apartment market will continue to move forward at a healthy pace this year with occupancy rates averaging 96 percent across Los Angeles, Orange, Riverside and San Bernardino counties and rents rising an average of three to five percent

96% occupancy rates according to the University of Southern California Lusk Center for Real Estate. Wow!

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