Authority Property Management Monthly Newsletter January 2025

Happy New Year from all of us at Authority Property Management! We hope you had an amazing holiday season filled with joy, family, and relaxation. As we step into 2025, we’re excited about the opportunities ahead and remain committed to providing exceptional service for our property owners, residents, and vendors. Let’s make this year great together!

1099 Updates

We know how important tax season is, and we’re excited to let you know that we’ve completed, uploaded, and mailed out all of the 1099 forms as of January 8th. You can now access your 1099 forms in your owner portal, and they’re also on their way to you via the U.S. Postal Service. If you have any questions or need assistance, our team is here to help.

Rental Market Overview

The rental market is starting the year on a high note, with a current vacancy rate of just 3%. This incredibly low rate highlights the continued strong demand for rental properties, especially in Redding, where well-maintained homes remain highly sought after.

• High Occupancy: The new year has brought renewed activity, with prospective tenants eager to secure housing. This is a great time to ensure your property is market-ready, as demand remains competitive.
• Steady Trends: While winter months often show a slight seasonal slowdown, Redding’s rental market is thriving thanks to the consistent need for quality housing in the area.

If you’d like more details about how the market trends may impact your property, feel free to reach out to us for a deeper discussion.

2025 Goals

This year, we’re excited to continue building on our mission to provide exceptional property management services. Here are just a few things we’re focused on for 2025:

• Efficient Service: We’re streamlining processes to ensure even faster response times for maintenance, tenant inquiries, and property turnovers.
• Community Engagement: We’ll be participating in more local events this year to connect with our community and highlight the amazing opportunities available in Redding.
• Property Performance: Our goal is to help you (property owners) maximize your investments through smart strategies, regular market insights, and proactive property care.

Thank You for Your Continued Support

As we kick off this new year, we want to thank you for trusting Authority Property Management to handle your property needs. We’re grateful for the strong partnerships we’ve built with our property owners, residents, and vendors, and we look forward to working with you to make 2025 a successful and productive year.

If you have questions, need assistance, or want to discuss your property goals for the year, don’t hesitate to reach out to our team. Here’s to an incredible 2025!

Best regards,
Authority Property Management