Posts Tagged ‘rental market in 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 MoreHow much is rent relief helping Californians?
When Blanca Esthela Trejo, 46, lies down to sleep, what feels like shards of glass stab her back and cut into her lungs — a lingering effect of COVID-19. “I’d like to be crouched down, hunched over all the time, because the pain is too much,” she said. But Trejo is foregoing medical treatment because…
Read MoreCash to help California renters goes unspent with eviction protections expiring soon
SACRAMENTO — Months after the state approved $2.6 billion to help California tenants pay rent amid hardship caused by the COVID-19 pandemic, advocates say a disappointingly low number of people have applied, as the program has been hampered by a slow start, confusion and bureaucratic red tape. The problems have emerged as Gov. Gavin Newsom last…
Read MoreCalifornia rental assistance program extended thru June
With the California Senate’s signing of SB91, protections for renters and landlords will be extended through at least June of this year. SB91 was signed into law on January 29 and it extends evection protections for tenants who have been impacted by COVID-19 that were established in the Emergency Rental Assistance Program. Primary to the…
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…
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