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Property Management Blog

Update: Rental Rates up Over 10% and Real Estate Prices up 18%

By Mike Lautensack Wednesday, August 25, 2021

Rental rates continue to accelerate and are up over 9% for 1 bedroom and 11% for 2 bedrooms.  Real estate prices are also moving much higher and single family homes are up over 18% nationally.  It continues to be great time to be a real estate investor.

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Mike Lautensack
President for Philadelphia's Leading Property Management Blog
Mike Lautensack is the owner of Del Val Realty & Property Management, where they manage close to 5,000 rental units in and around Philadelphia. By implementing a tenant retention-focused strategy, Del Val Realty has successfully maintained occupancy rates above industry standards and generated consistent returns for their investors.
Mike Lautensack is the owner of Del Val Realty & Property Management, where they manage close to 5,000 rental units in and around Philadelphia. By implementing a tenant retention-focused strategy, Del Val Realty has successfully maintained occupancy rates above industry standards and generated consistent returns for their investors.
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