North County, San Diego

North County San Diego is home to some of California’s feature attractions. The casual beach town vibe can be found throughout the area. The famous Southern California Sunshine breeds an active lifestyle and a thirst for enjoying all things oceanside. Enjoy year round activities for all ages. From LEGOLAND California, for the young and young at heart, to the San Diego Zoo Safari Park. Find other area attractions close by like the Flower Fields at Carlsbad, Del Mar Fairgrounds and San Diego Botanic Gardens.

Home of over 40 coastal golf courses, you can find any level you are looking for, Including the Arnold Palmer-designed Park Hyatt Aviara and Tom Fazio-designed Fairmont Grand Del Mar.

Be sure to visit other landmark sites like, the Oceanside Pier, Balboa Park, Carlsbad Mineral Water Spa, and Leo Carrillo Ranch in Carlsbad Ca.

Carlsbad, CA

Not surprisingly, Carlsbad, CA is known for its year round sunny weather and notable beaches. being deemed as the unofficial golf capital of the world, this coastal city has something for everyone.

Industrial Impacts – Seeing substantial growth, from a lifestyle many seek out, Carlsbad, has no sign of slowing down, making it a hot spot for investors. And the growth goes beyond the landmark sites, like Lego Land and the famous flower fields, industry is finding its home here as well. With a community geared toward an active lifestyle, larger companies are starting to take advantage. Large companies like GoPro have anchored themselves here among others like Telecom giant ViaSat, and pharmaceutical company Ionis. A wide range of industries and companies like Chuao Chocolatier, are reasons we see Carlsbad’s economy growing and evolving in a healthy direction. Supporting its growing population and creating healthy wage increases as well.

Population Trends – Carlsbad, CA is at 114,000 people in 2020 with a median age of 42. Median property value is at $770,000 up 8% in the last 12 months. More details here. We are seeing a commute time of around 24.4 mins, which is under the national average of 25.3 mins. in addition we are seeing a rise of people renting over home ownership in Carlsbad, CA so property management has been an important solution as more and more investors look to take advantage of the growing market.

City of Carlsbad – With the core goal of maintaining a high quality of life, Carlsbad’s growth management plan (GMP) has been seen as a universal success by existing and incoming residents, earning accolades from outside the city, including the prestigious ORCHID from the San Diego chapter of Architects and Planners Association, an award of excellence that is recognized at the state level and nationally from Rutgers University. All of this contributing to an excellent quality of life with amazing parks, libraries, arts and culture. More detail here.

Things To Do – from the previously mentioned LEGOLAND and Famous Flower Fields in Carlsbad CA, there is also much more. Including South Carlsbad State Beach, Museum of making music, Sea Life Aquarium, Carlsbad Ranch, Leo Carrillo Ranch Historic, Coastal Rail Trail, Carlsbad village and farmers markets. With a multitude of active and cultural pursuits to explore, investing in this area is a smart choice.

How it all impacts Property Management

Since the North County area is steadily growing in population, year over year, the housing market is becoming incredibly competitive and consequently, prices have increased.

 Considering the growing numbers of residents choosing to live in renter-occupied households, there is substantial oppurtunity for North County real estate investments. Based on not only the high demand for housing as new industry continues to come into the area, but also the high expectations of residents, property management requires a significant amount of work and effort. Including such things and tenant screening, handling rental payments, and maintaing high occupancy rates. 

Turning to a local family owned property management company, like Raymond Property Management is a smart and safe decision for investors and developers, as well as first time investment property owners. All making it easyier to capitalize on the North County housing market, without having to worry or deal with the daily labor, and liabilities of managing tenants.