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Title: Innovating the Rental Market: Harbor Property Management Launches Modern Rentals South Bay

 Rancho Palos Verdes, CA, United States, 18th Dec 2024 – Harbor Property Management - San Pedro is pleased to announce the launch of its newest initiative, "Modern Rentals South Bay," a program designed to take rental properties in San Pedro, Hawthorne, and Rancho Palos Verdes to the next level in meeting today's most discerning tenants.To face these shifting market dynamics and increasing tenancy expectations, the campaign focuses on updating older rentals into modern, efficient, and highly desirable living spaces. Because almost half of rental homes in the region are over 30 years old, Harbor Property Management works hand-in-hand with owners to increase rental income and tenant satisfaction by embracing modernization and sustainability.Modernization Revolution for Rental Standards in San Pedro and BeyondRecent South Bay Housing Insights Report findings underscore the urgency to upgrade properties:52% of South Bay renters cite modern amenities, such as updated appliances and open floor plans, when choosing a property.Energy-efficient properties are rented 30% faster than their non-updated counterparts.Older properties show higher turnover rates, affecting owner income and neighborhood stability.“These trends reveal to us that today, most renters are not only seeking a roof over their heads but a home they can enjoy and identify with—a home that matches their contemporary style of living and philosophies,” explained a Harbor Property Management spokesperson. “‘Modern Rentals South Bay’ was created for this purpose, helping owners modernize their properties and boost their returns.”How "Modern Rentals South Bay" Helps Property OwnersHarbor Property Management’s program provides complete services to guide property owners through the process of upgrading pr...

This press release is issued by King Newswire