Starting January 1, 2025, new laws in California aim to provide economic relief and improve consumer protections. Key measures include limiting excessive banking fees, capping security deposits to one month’s rent, and allowing paid family leave without exhausting vacation time. Additionally, laws simplify subscription cancellations, ensure full return of security deposits, and enable renters to build...
The Southern California housing market is currently experiencing mixed trends. Home sales have decreased significantly by 16.5% month-over-month, though there is an 8.7% increase year-over-year. Prices have seen a modest rise of 3.1% compared to last year, with the median price at $850,000, but a slight drop of 1.7% from October. Limited housing supply continues to create competition, while rising...
New compliance forms for 2025: Essential updates for California landlords to navigate evolving rental regulations. Key change: AB 2747 requires landlords with 15+ units to report rental payments starting April 2025....
California's population ↑ 31%, but housing units increased just ↑ 33% from 1990 to 2024. Housing costs surged: home values ↑ 56%, rents ↑ 39%, making California one of the most expensive states....
California Senate Bill 1103 grants new protections to small businesses, nonprofits, and microenterprises starting January 2025. Qualified commercial tenants must provide written self-attestation of eligibility before lease execution and annually thereafter....
California metros dominate the US rental market, claiming 11 of the 12 highest median rents. California's rental markets are particularly impacted by high demand and limited housing availability....
Southern California home prices reached record highs in 2024, with no sign of slowing down.San Bernardino County's median home price reached $525K in November 2024, ↑ 6% from 2023....
California home prices are expected to reach $909,400 in 2025, ↑ 4.6% increase. The state needs 2.5M new homes to meet growing demand over the next eight years....
Home prices in Southern California are reaching record highs, with San Bernardino County's median price hitting $525,000, a 6% increase from last year. Riverside County also saw a 5.4% rise, now over $600,000. Population shifts from coastal cities to more affordable areas have driven demand, attracting investors and increasing competition. This surge raises concerns about affordability,...
Projected average home price: over $1 million by 2030. High demand due to robust job market....
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