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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. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. New constructions built after February 1, 1995.

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Adapting to a Competitive Rental Market: Investor Strategies for the New Year

RL Property Management

Whether you own a single-family home or an expansive rental portfolio, adapting to these market dynamics is key to maintaining profitability. Upgraded Living Spaces: Regular updates, like fresh paint or modern fixtures, keep rental units appealing and encourage tenants to renew.

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7 Must-Know Trends in Single-Family Rentals for 2024

Propertyware

Rental market trends were driven largely by inflation, shifting demographics, scarcity in housing, and a rise in the cost of just about everything. Those trends, however, didn’t necessarily spell bad news for single-family rentals, and as we leave 2023 behind, single-families are well-positioned to remain strong in 2024.