San Francisco Bay Area Market September 2021 Update

Fall is officially here! Now that the kids are in school, the air is crisper, and PSLs are in full swing, what does this mean for the real estate market? Autumn has historically been a busy time in the industry for the Bay Area. This year, as we continue to face challenges set forth by covid-19, we are seeing sales constrained by low inventory. Are potential homebuyers still looking? Is the inventory going...

5 Things To Consider Before Buying A Condo In The Bay Area

The pandemic has truly caused much headache for Bay Area dwellers. A rush of residents moved out of the Bay Area last year, some returning to their home states and some fleeing to less expensive cities. Because of this, many condo units went on the market. Veteran renters snatched up condos and became first time homeowners. But, is a condo the right type of property for you? If you are considering a condo...

San Francisco Bay Area Market August 2021 Update

"August is like the Sunday of Summer." -- Kelly Dwyer Growing up, I didn't particularly like Sundays because it meant that the next day will be Monday--a school day. Now, as an adult, I love Sundays! I get to spend time with my wife and daughter. Then, the next day, my week resets and I get to start a new week with new goals. The same goes for August and the housing market, despite the pandemic, it...

San Francisco Bay Area Market July 2021 Update

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...

How Much Do Property Management Companies Charge in the Bay Area?

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

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...

San Francisco Bay Area Market June 2021 Update

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...

San Francisco Bay Area Market May 2021 Update

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...

How Long Does It Take To Rent Out My Unit in the Bay Area?

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...

San Francisco Bay Area Market April 2021 Update

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...

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