Rents in Seattle and in King and Snohomish Counties have increased 5% in the last three months and 10% in the last 12 months. For us here at Maple Leaf Property Management, this is news we deal with every day.
The annual rent increase for the latest period was the largest seen locally since Apartment Insights began tracking the market in 2005.
Market observers have expected the rent increases to ease as new buildings open, but there is still high demand for apartments due to increased job growth in the area. We are getting calls everyday from owners who are looking for quality property management. We are keeping busy and we love to manage these properties find great tenants for their investment. Call us today or visit our website for more information if you’re looking a high quality property management team.
Maple Leaf Property Management
Kit and the MLM Team