Opponents of rent control and rent stabilization are dialing up their vocal opposition to the housing affordability tactic as an “empty promise,” even as more major U.S. cities move to strengthen tenant... Read more »
The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth consecutive month of... Read more »
U.S. single-family rental properties posted rent-price growth of 2% during the year ending in September 2024, according to a recent CoreLogic report. That’s down from annual growth of 2.4% in August. The... Read more »
The days of needing to save two to three months’ worth of rent for a security deposit are largely over in California. Legislation took effect Monday that limits a security deposit on... Read more »
Southern California home prices dipped in October for the third straight month, but values remain near all-time highs and unaffordable for most households. The average home price in the six-county region was... Read more »
This year’s University of Southern California Casden Real Estate Economics Forecast predicts rent increases for the next two years throughout the region. However, the annual report also noted that the economy’s surprising resilience... Read more »
More than a million Californians now pay at least $3,000 a month for their apartment rent, twice as many as in 2019. California led the nation last year with 1.07 million households... Read more »
Billionaire hedge fund manager Jeffrey Feinberg has tried for two years to sell his 20,000-square-foot Brentwood mansion. With no takers, he decided to list it for rent — at $250,000 a month.... Read more »
WASHINGTON, D.C.—National Association of Realtors® President Kevin Sears issued the following statement in response to the Biden Administration’s rent control plan: “NAR opposes misguided attempts to cap or control rental rates. Price... Read more »
Ascentxmedia | E+ | Getty Images Rent prices for one- and two-bedroom apartments grew in March for the first time in six months. The monthly cost for a one-bedroom apartment across... Read more »