Real Estate

What Bay Area Landlords Need to Know About the 2024 Home Affordability Index and Rental Trends

The Bay Area has a hot real estate market. But, it's tough for landlords to navigate it. One important factor that should always be on your radar is the Home Affordability Index (HAI). If you're a Bay Area landlord, know this index. It affects the local market. It can help you set rental prices, invest in property, and manage tenants. So, what exactly is the Home Affordability Index, and why does it...

Ghosting or Eviction? How to Recognize Illegal Eviction Tactics in the Bay Area This Fall

Fall is a time for change. The air is crisp. Pumpkin spice lattes are back. And the holidays are near. But for Bay Area tenants, there's another unexpected change: unfair eviction tactics. You may have heard of stories where tenants are "ghosted" by their landlords. There's no formal communication. Just pressure to move out, unlivable conditions, or illegal eviction attempts. It's important to know...

San Francisco Bay Area Market September 2024 Insights

As the cooler weather sets in, the Bay Area’s real estate market is heating up with a mix of shifting rates, increasing inventory, and eager buyers making moves. With the Federal Reserve’s recent interest rate cuts and more homes hitting the market, both buyers and sellers are adjusting their strategies.  Here’s what you need to know about how these trends are impacting Emeryville and the...

After-Hours Emergencies: What Tenants Should Do and How Property Managers Help

We’ve all had that moment when something goes wrong at the worst possible time. Maybe it’s late at night, you’ve finally settled in after a long day, and suddenly—bam!, you notice a weird sound. Maybe it’s water dripping, a heater that’s gone out in the middle of winter, or (worst of all) a toilet that won’t stop overflowing. What do you do? I get it, nobody wants to deal with emergencies,...

Preparing for Rent Increases: Navigating Local Rent Control Laws in the Bay Area

The Bay Area is known for its competitive rental market, but as a landlord, you know that raising rents isn’t as simple as just sending a notice to your tenants. With rent control laws and regulations like AB 1482 in place, it's crucial to navigate these rules carefully to stay compliant.    In this guide, we’ll break down the local rent control laws, explain how to prepare for rent...

Budgeting for Rent in the Bay Area: Essential Tips for First-Time Tenants to Afford High-Cost Living

If you're a first-time renter eyeing the Bay Area, you're probably feeling the weight of those high rental costs. With places like San Francisco, Oakland, and Berkeley ranking among the most expensive cities in the U.S., it’s easy to feel overwhelmed. But don’t worry, budgeting can be your secret weapon to thriving in one of the priciest markets. Here’s a guide to help you budget smartly for rent...

San Francisco Bay Area Market August 2024 Insights

The Federal Reserve’s much-anticipated rate cut is finally here, and it’s sending ripples through the housing market. With the Fed lowering interest rates by 50 basis points (bps) for the first time since 2020, both homebuyers and sellers are watching closely to see how mortgage rates will react in the coming months.  The September real estate market shows both challenges and opportunities as...

California Wants You to Become a Homeowner in 2024! Here’s How First-Time Buyer Programs Can Help

The Homeownership Challenge in California If you’re a renter in California dreaming of homeownership, you’ve likely been hit with some daunting numbers. In 2024, the median home price in California has reached approximately $838,200, which is nearly double the national median home price of $439,455. California's housing market has seen a price increase of about 6.9% compared to the previous year,...

Landlords, Here’s the Credit Score You Need to Expand Your Portfolio in the Bay Area

As a landlord, expanding your rental property portfolio in the Bay Area is an enticing prospect. The region's robust rental market, high demand for housing, and solid long-term returns make it a goldmine for real estate investors. However, before you can cash in on these benefits, one key element stands between you and your next investment: your credit score. Whether you’re a seasoned property owner...

Top 5 Mistakes to Avoid When Hiring a Real Estate Agent for Your Rental Property in 2024

As a landlord, selling or leasing your rental property is a significant decision, and choosing the right real estate agent is crucial to ensuring a successful outcome.  In 2024, the real estate market is more competitive than ever, with evolving trends that require a savvy, up-to-date approach. To maximize your property’s value and avoid costly mistakes, it’s important to know which types of agents...

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