Apartment List’s National Rent Report (August 2023) By the Apartment List Research Team

Welcome to the August 2023 Apartment List National Rent Report. The rental market hit a big milestone this month, as national rent growth is finally negative year-over-year. This means that on average across the nation, apartments today are renting for less than they did one year ago. This marks a major deceleration from recent years, when annual…

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Apartment Building

PRESS RELEASE: Santa Ana launches Rental Registry for landlords

Landlords are required to register rental units pursuant to the Rent Stabilization and Just Cause Eviction Ordinance. SANTA ANA, Calif. – Effective November 18, 2022, the City of Santa Ana enacted the Rent Stabilization and Just Cause Eviction Ordinance (“Ordinance”) to regulate rent increases and evictions for certain rental properties and mobilehome spaces. Under the…

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California Considers Reining In High Security Deposits – (AB 12) and Is Housing a Human Right? California Voters Could Decide! By CalMatters

Most renters know securing housing isn’t as simple as finding the perfect place. California’s renters must save up thousands of dollars to provide security deposits that can legally be as much as two months’ rent, or three months’ for furnished units.  Add in the requirement that renters put up the first month’s rent before they can…

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Inflation Slams California’s Rental Market – How to Fight Back by Mercedes Shaffer, Realtor

Rent control policies have long been a topic of debate, with proponents arguing for tenant protection and affordable housing, while opponents claim rent control has the opposite effect.  In California, where the housing crisis is particularly severe, statewide rent control limits rent increases to 5% + CPI, with a max of a 10% annual increase. …

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Financial Assistance for L.A. County Rental Property Owners! By the Los Angeles County Department of Consumer and Business Affairs

MORTGAGE RELIEF FOR LANDLORDS WITH 1-4 UNITS APPLY NOW! If you are a landlord, have mortgage delinquency or delinquent utility bills, you may be eligible for this program. https://dcba.lacounty.gov/programs-for-property-owners-and-landlords/ Are You Eligible? To qualify for the program, you must meet the following eligibility requirements: You are a non-corporate rental property owner with no more than…

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Alameda’s Adjusted Relocation Payments Went Into Effect July 1, 2023 from the city of Alameda

  The Alameda Rent Ordinance prevents landlords from terminating a tenancy except for certain allowable grounds and requires a relocation payment in circumstances that are not the fault of the tenant. Amounts for these relocation payments were established by city council resolution and are adjusted annually based on a component of the Consumer Price Index (CPI) calculated…

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Finding a Great Tenant in 2023: What’s Changed and What Hasn’t

How has tenant screening in California changed in 2023? For starters, the maximum allowable rental application fee that a housing provider can charge is now up to $59.67, thanks to inflation related to the CPI.  The mystery shoppers are back out on the job, looking for landlords who might discriminate against applicants with Section 8…

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Multifamily Fundamentals Strong But Mild Recession Predicted By John Triplett, Rental Housing Journal

Multifamily fundamentals have been holding up better than expected through the first quarter, but there is still a looming mild recession expected later this year, Yardi Matrix experts explained in a recent Multifamily National Outlook For Spring 2023 webinar. “Things are quite a bit more nuanced and more variables in play than there have been as we go…

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