RESEARCH & NEWS — The Bove Group

QUARTER 2 MULTIFAMILY REPORT

Q2 Multifamily Report

ResearchCasey SandersApril 19, 2022Multifamily, 2022, Q2

TRUST BUYS BEACHFRONT CARLSBAD VACATION RENTAL

TRUST BUYS BEACHFRONT CARLSBAD VACATION RENTAL PROPERTY FOR $4 MILLION

NewsCasey SandersApril 4, 2022Times of San Diego

WHAT CAN YOU RENT FOR $1,500 IN SAN DIEGO COUNTY

What can you rent for $1,500 in San Diego County?

Spoiler Alert: It's cheaper to live outside the city.

ResearchCasey SandersMarch 30, 2022Research

IMPLICATIONS OF THE INVASION OF UKRAINE

Ukraine Crisis to Reverberate Across Global Economy

ResearchCasey SandersMarch 10, 2022Research

MORTGAGE RATE SWELL HAS YET TO EXTINGUISH HOT HOME PRICES

Mortgage Rate Swell Has Yet to Extinguish Hot Home Prices

ResearchCasey SandersMarch 9, 2022Research

ONGOING ROBUST JOB CREATION A POSITIVE SIGNAL

Employment growth continues at rapid clip. Employers created 678,000 jobs in February, exceeding the 2021 monthly average of 560,000 positions. The strong opening salvo in hiring for 2022 has lowered the unemployment rate to 3.8 percent.

ResearchCasey SandersMarch 8, 2022Research

MULTIPLE OFFERS FIELDED FOR APARTMENTS IN EL CAJON

NewsCasey SandersMarch 7, 2022Times of San Diego

FIVE OCEANFRNT UNITS SELLS FOR $7M IN CALSBAD, CA

Five Oceanfront Units Sells for $7M in Carlsbad, Calif.

NewsCasey SandersFebruary 16, 2022Connect California

GDP GROWTH STRONG IN FOURTH QUARTER

GDP Growth Strong in Fourth Quarter; Fed Actions To Play Large Role in 2022

ResearchCasey SandersFebruary 2, 2022Research

HIGHER MORTGAGE RATES CREATE FAVORABLE REVERATIONS

Higher Mortgage Rates Create Favorable Reverberations for Commercial Real Estate

ResearchCasey SandersFebruary 1, 2022Research

2022 MULTIFAMILY NATIONAL INVESTMENT FORECAST

ResearchCasey SandersJanuary 25, 2022Covid-19, Multifamily, Investment Outlook, Q3, 2022

MULTIFAMILY DEVELOPERS TO PLUG SOME HOLES IN THE HOUSING SHORTAGE IN 2022

Multifamily Developers to Plug Some Holes in the Housing Shortage in 2022

ResearchCasey SandersJanuary 5, 2022Research

RECORD YEAR FOR JOB GROWTH ENDING ON A SLOWER NOTE AS LABOR SLACK TIGHTENS

Record Year for Job Growth Ending on Slower Note as Labor Slack Tightens

ResearchCasey SandersDecember 6, 2021Research

HOMEBUYERS STILL ENDURE CONSIDERABLE BARRIERS

New home listings elevate, but dynamics tell a different story

ResearchCasey SandersDecember 2, 2021Research

HOUSING CONSTRUCTION PUSHES TOWARD A RECORD

Housing Construction Pushes Toward a Record; Still Not Enough to Meet Demand

ResearchCasey SandersSeptember 30, 2021Research

SAN DIEGO MULTIFAMILY Q3 MARKET REPORT

San Diego’s Extremely Tight Suburban Vacancy Rate Revives Class B/C Investment Activity

ResearchCasey SandersSeptember 3, 2021Covid-19, 2021, Multifamily, Investment Outlook, Q3

ROLANDO APARTMENTS SELL FOR $7.88M

Rolando Apartments Sell for $7.88M; Sale Called Sign of Multi-Family Market Strength

NewsCasey SandersAugust 5, 2021Times of San Diego

MIXED-USE CORONADO PROPERTY BOUGHT FOR TOWNHOME DEVELOPMENT

A mixed-use complex in Coronado has been acquired with plans to redevelop it as townhomes. The investors plan to build 10 townhomes on the site that will sell for an average price of $2.5 million. Construction is expected to start in February 2022.

NewsCasey SandersJuly 14, 2021San Diego Business Journal

HOT HOUSING MARKET SPILLS OVER INTO MULTIFAMILY RENTALS

Hot Housing Market Spills Over Into Multifamily Rentals

ResearchCasey SandersJuly 1, 2021Research

EVICTION MORATORIUM

BIDEN ADMINISTRATION EXTENDS CDC FEDERAL EVICTION MORATORIUM FOR THE LAST TIME

ResearchCasey SandersJune 25, 2021Covid-19, NMHC, Rent Collections