By North Coast Property Management Wednesday, November 20, 2024
Oregon’s rent control laws will allow for a 10% rent increase in 2025, marking a significant moment for both tenants and landlords. This change comes amidst rising inflation and housing shortages, prompting questions about its impact on the rental market. While the increase...
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Digital Marketing Strategies: How to Fill Vacancies Faster
By North Coast Property Management Wednesday, November 6, 2024
In today’s competitive rental market, filling vacancies quickly requires more than just listing your property. Landlords need to embrace digital marketing strategies to reach the right renters effectively. From optimizing property listings to utilizing social media, virtual...
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Will Rising Rents Push More People to Homeownership?
By North Coast Property Management Wednesday, October 23, 2024
As rental prices are projected to increase in 2025 and 2026, many renters are reconsidering whether it makes sense to continue renting or take the leap into homeownership. This trend could significantly reshape the real estate landscape in the coming years, as the decision to ren...
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Prices Rose in June But Rentals Are Slowing Down: What It Means for the Housing Market
By North Coast Property Management Wednesday, October 9, 2024
As we move further into 2024, a new trend is emerging in the rental market: while rental prices rose in June, the rate of new leases being signed is slowing down. This situation presents a mixed bag for both landlords and renters. Understanding the dynamics behind these shifts is...
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By North Coast Property Management Wednesday, September 18, 2024
As a landlord, making strategic and cost-effective upgrades to your rental property can significantly enhance its appeal and allow you to charge higher rent rates. Tenants today are looking for modern, functional, and energy-efficient homes, but that doesn't mean you need to ...
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By North Coast Property Management Wednesday, September 4, 2024
Becoming a first-time landlord can be both exciting and daunting. While many resources cover the basics, some crucial aspects are often overlooked. Here are five things first-time landlords need to know that you might not think of:Local Ordinances on Rent Control and Zoning LawsM...
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The Economic Impact on Rental Income and Collection
By North Coast Property Management Wednesday, August 21, 2024
The economy has undergone significant changes in recent years, impacting various sectors, including real estate. The rental market has seen fluctuations in rent prices, occupancy rates, and tenant behaviors. According to Radix data, rents are down 1.5% on a year-over-year basis n...
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By North Coast Property Management Wednesday, August 7, 2024
Owning a coastal property comes with unique risks, making specialized insurance coverage essential. Coastal properties face threats such as flooding, hurricanes, and high winds, requiring tailored policies to ensure comprehensive protection. According to FEMA, just one inch of fl...
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By North Coast Property Management Wednesday, July 24, 2024
The allure of coastal living draws many to the beautiful shores of Oregon, but with the increasing impact of climate change, coastal rental properties face unique challenges. For property owners, understanding these challenges and taking proactive steps to protect their investmen...
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The Future of Coastal Living: Emerging Trends in Oregon's Rental Market
By North Coast Property Management Wednesday, July 10, 2024
As the dynamics of living preferences evolve, coastal living in Oregon is experiencing significant changes. For property owners and managers, understanding these emerging trends is crucial to staying ahead in the rental market. Here’s a look at the key trends shaping the fu...
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