We are already halfway through summer! I'm here to bring you an update on June's market activity. Inventory Trend First of all, let's check the inventory trend. According to the data collected by the California Association of Realtors, the Bay Area housing inventory is hitting an all time low at 1.4 months of supply in June. You may notice that the Bay Area inventory has always been low compared to the...
In our previous 2 posts, we talked about How Long Does It Take to Rent Out My Unit in the Bay Area and How To Avoid Getting Sued in the Leasing Process. Today, we will take a look at exactly How Much Property Management Companies charge to rent out your property in the Bay Area. Common Leasing Fee Structure The two common leasing fee structures are: a high percentage of one month's rent, such as 75%...
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