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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. This substantial price difference skews the overall rental estimates.

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Inglewood Enacts an Emergency Rent Control Measure

Real Property Management California Coast

The restrictions won’t apply to single-family homes and condos. In the wake of fires that devastated California in 2018, many newly homeless residents have been forced to seek immediate housing and are hard-pressed to find affordable rates. Inglewood’s city officials are not alone in attempts to limit price gouging.

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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

The Basics of Proposition 33 Proposition 33 seeks to repeal the Costa-Hawkins Rental Housing Act, a state law that currently restricts the types of housing that can be subjected to rent control. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums.

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The Impact of Inflation on Property Managers

Authority Property Management

An Upward Surge in the Rental Market There are a few reasons that will potentially keep the rental market on an upward surge. Prior to 2022, predictions showed the construction of single-family homes was supposed to restart slowly in 2022. Furthermore, low inventory and high demand continue to spike home prices.