November 2025 Market Update

I have been a property manager for over 20 years, and I have seen many new developments in our industry arise that have modified and re-shaped how we conduct business. The last 10 years have also produced challenging local, statewide and national legislative agendas that have been unkind to Rental Property Providers.

I could easily compose a lengthy list of all that has changed. But some things remain the same, namely:

Rental properties need tenants. Tenants need rental homes.
The economy is always in flux, along with vacancy-rates.
Rents rise over time but also come down when the market softens.
Property Owners are in the business to make money.
Property Owners want a healthy return on investment.
Money that Owners spend on maintenance and repair generally adds value to their asset.
Tenant damage and delinquencies ought to be budgeted for as a cost of doing business.
And, most urgently, unrented units can quickly erode expected profit margins.

And lastly, in my experience, the month of November has always been the slowest month for leasing.

So, in the spirit of “new developments in our industry”, I have asked our Leasing Manager, Joey Hoyt to tap into AI for an in-depth report of our current rental market, and seek its input and suggestions accumulated from the vast access to cumulative knowledge that has come to define the value of “Artificial Intelligence”.

Here is Joey’s assignment to AI:

“Study the current rental housing market in Portland in September and October of 2025 and compare it to September and October of 2024. Compile and analyze the data collected to answer the following questions. Why are our rental listings sitting vacant for longer periods when our prices are below market value, offering incentives, and decreasing deposits? What economic factors are in play? What recommendations would you have to decrease the time to rent? Cite your sources and provide a market analysis by Zip Code.”

Click this link to review the in-depth Report: AI’s Researched Take On the Fall Portland Market

And if you would like to discuss options and/or strategies to get your property rented faster, you can contact Joey directly at rentals@garciagrp.com. Please use the Subject line AI Report to ensure a timely reply.

Thank you as always for being our Great Rental Property Client!