Posts Tagged ‘rental market california’
Rents Are Falling In California Cities, Will The Trend Continue?
Thanks to a recent report by realtor.com, we know that rents are falling in many California cities including Riverside and Sacramento. The big question is will the trend continue? Right now the answer is likely yes as the recession and inflation are poised to hit the economy hard in 2023 and that’s likely to send…
Read MoreNewsom Proposes Billions More For Rent Relief
Gov. Gavin Newsom’s updated budget plan projects a record $97.5 billion surplus, and on Friday he said he wants to put a chunk of that windfall toward rent relief. California has already directed more than $5 billion in federalfunding toward paying off debts accrued by low-income renters during the pandemic. Now, Newsom’s budget proposes another $2.7 billion in…
Read MoreCentral Valley is one of the top retirement destinations in California
Are you planning on investing in rental properties in California? If so, you may want to consider the Central Valley because this part of California has a variety of cities that have been classified as optimal for retirement. In this article, we will break down the top cities for retirement in California so you know…
Read MoreRental Market News – US rents jumped in October compared to 2020
As we approach the end of 2021 one thing is clear, the rental market is quickly moving past the losses that it sustained early in the COVID-19 pandemic. Rents are increasing across Stockton, Modesto and much of the United States, and not a moment too soon as many owners nationwide have been struggling with staying…
Read MoreCalifornia Lawmakers Call For Massive Rent Relief Bill
The best hope for swift pandemic aid to struggling California tenants and landlords might come from Georgia. State lawmakers from California and three other western states this week are urging their congressional delegations to step up with $100 billion for rent relief — an achievable goal, they believe, if Democrats win two seats in U.S.…
Read MoreCalifornia relief bill – Learn more about lawmakers efforts to stop eviction crisis
There’s no doubt that COVID-19 has been the worse health crisis that the country has faced in 100 years but it’s also been responsible for creating a potential wave of evictions that could hit California. Thankfully, lawmakers are working hard to stop the evictions from happening and one of their latest bills could effectively stop…
Read MoreAB 2406 – California Rental Registry Bill Is Defeated
California landlords received good news last week when the California Apartment Association (CAA) revealed that they were successful in defeating AB 2406, stopping it from becoming law. If passed, this bill would have set the wheels in motion to create a statewide rental registry, and worse yet, it would also have targeted landlords who received…
Read MoreWhat Is the Rental Affordability Act?
There’s no doubt that the rental market in California has been hit hard over the last 2 years with that 2018 attempt to repeal Costa Hawkins, state-wide rent control, Coronavirus, and now another attempt to repeal Costa Hawkins with the Rental Affordability Act. What is the Rental Affordability Act? It’s the latest bill by lawmakers…
Read MoreCan’t pay your California rent due to COVID-19? Here’s what you need to know
SACRAMENTO, Calif. — California renters are urged to act fast if they won’t be able to pay their full rent payment due to the novel coronavirus outbreak, the attorney general’s office said Monday. A deadline to notify landlords about rent payments – for many renters – is Tuesday. Advertisement “The statewide stay-at-home order and critical…
Read More