Remove 2009 Remove Real Estate Remove Rent
article thumbnail

Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

His term as president ended in 2023, but hes been involved with the association in one way or another for his entire career in real estate. Back in 2009, we were a small company with around 120 units. Dodson Property Management was my professional home from 2009 until we sold the company a few years ago.

article thumbnail

Q3 Silicon Valley Commercial Real Estate Outlook

Esquire Property Management Group

Silicon Valley Office Market In the third quarter of 2023, the iconic Silicon Valley commercial real estate office market faced ongoing challenges. million square feet, surpassing the Q2 2009 record during the Global Financial Crisis of 2007-2008. The slight decrease in asking rents, down 0.9% pre-leased.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2024 Annual Rental Housing Report Key Takeaways

Rental Choice

However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. million) spent over 30% of their income on utilities and rent. This maximum rent is affordable to those in the $24,000 annual income bracket.

Apartment 130
article thumbnail

2015 Rental Market Analysis for Landlords – Second Quarter

Real Property Management Choice

percent rate in 2009 to the current 5.7 Real Property Management expects a continued decline in rental vacancies in the coming months as the job market improves, homeownership declines, and Millennials begin to move out of their parents’ homes and into their own households, which will likely be rentals. percent rate 1. Sources: 1.