Property Management in the US - Industry Market Research ReportPublished by: IBISWorld Published: Oct. 8, 2012 - 34 Pages Table of ContentsTABLE OF CONTENTS ABOUT THIS INDUSTRY AbstractProperty Management in the USBefore the subprime crisis, revenue was increasing as the real estate boom benefited the industry. Real estate owners began to outsource property management services at higher rates to reduce operational costs and liabilities. But outsourcing failed to save the industry during the Great Recession between 2007 and 2009, largely because the recession and credit crunch originated within the real estate sector. On a positive note, the US homeownership rate has steadily declined, thus increasing the number of renters. Declining homeownership should support industry growth through 2017. Establishments in this industry manage residential and non-residential real estate for others. Property management responsibilities relate to the overall operation of the real estate asset including leasing, maintenance, rent collection, trash removal and security. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares. Get full details about this report >> |
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