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Rental doors slowly closing on apartment hunters in Bay Area; Occupancy rates stabilizing, prices are creeping up.

Publication: San Francisco Chronicle
Publication Date: 19-JAN-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Rental doors slowly closing on apartment hunters in Bay Area; Occupancy rates stabilizing, prices are creeping up.(BUSINESS)

Article Excerpt
Byline: Kelly Zito

Apartment shoppers are finding the Bay Area market a little less hospitable than in the past few years, with rents slowly rising and occupancy rates stabilizing, according to new data.

Amid a firming economy and brightening job picture, the average monthly asking rent for a one-bedroom apartment in the nine-county region was $1,169 in the fourth quarter of last year, up $14 from the previous quarter and up 3.2 percent over the same period last year, according to Novato's RealFacts,...

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