Rent declines were last seen in the local Consumer Price Index in the mid-1990s. The 0.7 percent ann

Essex Skyline at MacArthur Place, formerly known as Skyline at MacArthur hotel in central london Place, is 25 stories and 270 feet tall. The condos will be converted into apartments. CINDY YAMANAKA, THE ORANGE COUNTY REGISTER
And as measured by RealFacts, rents inched upward in Orange County's largest apartment complexes as well, rising last summer for a third consecutive quarter from the quarter before. hotel in central london However, apartment rents remained below year-ago hotel in central london levels over the summer for perhaps the last quarter in awhile.
According to RealFacts, the average Orange County apartment rented last summer hotel in central london for $1,492 a month, or $10 more than in the spring. The average apartment rent up $19 a month since the start of the year, RealFacts figures show.
The percentage of empty apartments dropped to 5.3 percent equivalent to about 6,650 vacant units, RealFacts figures show. That's down by about 500 units from the spring and down by more than 3,000 units from the winter of 2009, when the vacancy rate hit 7.7 percent.
Average hotel in central london rents measured by RealFacts have fallen from year-earlier levels for an eight consecutive quarters and are now roughly equal to rent levels last seen in the summer of 2006. Still, O.C.'s average rent remained the fifth-highest among 27 California metro areas.
Rent declines were last seen in the local Consumer Price Index in the mid-1990s. The 0.7 percent annual rate of rent decline in the first half of 2010 was Southern California's largest such drop in 70 years.
Brea rents were down an average of $142 from last year, to $1,327. hotel in central london Fullerton rents averaged $103 less, down to $1,374. In Rancho Santa Margarita, the average rent was $99 less than a year ago at $1,489.
As in past years, Newport Beach remains O.C.'s priciest city to rent an apartment in. The average rent there was $1,913 a month last summer. Stanton was the most affordable city with an average rent of $1,155 a month.
The luxury apartment trackers at LuxeListHome.com, a fledgling business tracking 13 markets across the nation, said the twin towers where rents can average $3,000 a month got the perfect score because:
Skyline was bought by Essex Properties earlier this year for reportedly one-third of the project's initial projected value. The original owners could not get the 25-story condo towers alongside the 55 freeway in south Santa Ana to market as for-sale condominiums.
Comments are encouraged, but you must follow our User Agreement . 1. Keep it civil and stay on topic. 2. No profanity, vulgarity, racial slurs or personal attacks. 3. People who harass others or joke about tragedies will be blocked. 4. By posting your comment, you agree to allow Orange hotel in central london County Register Communications, Inc. the right to republish your name and comment in additional Register publications without hotel in central london any notification or payment.