Small Property Owners of San Francisco Files Lawsuit to Block Law – By SPOSFI

The Small Property Owners of San Francisco Institute filed a lawsuit challenging Supervisor John Avalos’ Nonconforming Unit Ordinance on the grounds that the ordinance violates state law and fails to comply with the California Environmental Quality Act (CEQA). The Nonconforming Unit Ordinance would legalize the practice of renovating and expanding “nonconforming units.” Nonconforming units are…

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2013 Year-End Rent Growth Favors California – By Sarah Bridge, Founder of RealFacts, LLC.

Our 2013 year-end apartment round-up shows sustained nationwide rent growth. However, the distribution is heavily weighted towards the California markets. Six of the top ten ranked are in California, as were the top three. Below is the RealFacts annual review of the best performing rental markets of 2013: Metropolitan Statistical Area – (MSA) Average Rent…

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