2021

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%...

How To Avoid Getting Sued In The Leasing Process In our previous blog titled, "How Quickly Can You Rent Out My Unit in the Bay Area", we talked a little bit about our process and how long it takes. We even touched upon the difference between using a professional property management company vs. DIY rental owners. Let's explore the relationship between property owners and tenant candidates. We'll...

California has officially re-opened! We saw a lot of ups and downs this past year and the housing market was no different. Now that it is summer time, are you staying in town to shop for a new house or joining the crowd for some "revenge travel"? For those of you who chose to stay in town to shop for your next property, I think it's critical to remind everyone of the common real estate agent practice of...

The first day of the summer solstice for this year will be on Sunday 6/20, which happens to coincide with Father's Day. As we approach the official summer date, here's how the Bay Area housing market is looking. As prices continue to climb 10%, 20% and even 30% year over year, many of you may wonder if the housing market is ticking timebomb like in 2006. My take on this is, no it's not. First-time...

As the top property management company in Emeryville, we often get questions from local and out-of-state property owners. What is the turnaround? How fast can you find me a tenant? In a 3 part series, we will cover just how quickly we can rent out a unit in the Bay Area and reasons why it may take longer than an owner-managed scenario. How quickly can you rent out my unit? It depends on 3 main...

If you are in the market for a home in the bay area, you are definitely one of the better offs. As prices continue to climb, a bright prospect of more and more of the economy opening up, this year's Spring housing market is expected to be quite hot. Data from CAR.org In California alone, one interesting fact (as noted in the chart above) is that the higher price segments are seeing a much higher...

If you follow real estate news, I am sure you have read the bay area home prices are growing in double digits even during the COVID 19 pandemic. The home affordability problem is exacerbated while people are most vulnerable. Fortunately, home sales is only one side of the housing equation. The other side of the equation, the rental market, is far less talked about. Rent is reduced 15-20% across...

Spring season is the time for families to hunt for a home of their dreams, bid, and purchase elusive and usually expensive properties in the Bay Area. But not this year! Even during the coronavirus pandemic, home buying and selling have picked up long before the spring surge. The Bay Area real estate is a hot property where buyers are restless and eager to take advantage of the current low-interest...

San Francisco Bay Area Market March 2021 Update With the daylight saving spring forward and the warmer weather, it definitely feels like we are out of the winter season completely. The real estate numbers seem to reflect the same. Sales volumes and prices are up in almost all counties in the Greater Bay Areas with just a few exceptions. Listings are still flying off the shelves and they are going...