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Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

As we approach the November 2024 elections, one of the key ballot measures that could significantly impact the real estate market in California is Proposition 33. This can result in a decrease in available rental units, as property owners may convert rental properties to other uses or sell them off.

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Why Zillow Rent Estimates Miss the Mark in Redding, CA. A Local Expert's Insight

Authority Property Management

Here's why relying on a local real estate broker is essential for accurate rental valuations. Furnished vs. Unfurnished Matters One significant flaw in Zillow's Rent Zestimates® is the failure to differentiate between furnished and unfurnished rental units. Why Consult a Local Real Estate Broker?

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The Impact of Inflation on Property Managers

Authority Property Management

New Construction Even though associated costs of construction are high, real estate investors are gradually picking up the pace with new constructions. For the first time since 2018, the Federal Reserve has indicated raising interest rates. Rental rates go up when there are fewer available rental units.