Proposition 33: Expanding Rent Control or Constraining Housing? What is Proposition 33? Proposition 33 is a ballot measure in California that aims to repeal the Costa-Hawkins Rental Housing Act of 1995. Costa-Hawkins limits rent control by exempting single-family homes, condos, and newly constructed buildings (post-1995) from such regulations. It also allows landlords to set market rates for rental units once vacant, a practice known as vacancy decontrol. What Would Change if Proposition 33 Passes? If voters approve Proposition 33, cities and counties across California could extend rent control to current exempt properties, such as newer apartment buildings and single-family homes and condos. This change could enable local governments to impose rent caps even on vacant units, which means landlords would be restricted in how much they could increase rents when a tenant moves out.

Maximizing your home's market value by avoiding critical selling errors. Why is my home not selling? What mistakes would you like to avoid when selling? Home seller mistakes that could cost you.

In 2024, the Los Angeles commercial real estate market presents a dynamic environment across all sectors. Office spaces grapple with rising vacancy rates, retail properties face slower rent growth, multifamily units show mixed demand, and industrial spaces navigate weaker absorption rates. Stay informed with the latest market trends and data-driven insights

In March 2024, a landmark NAR settlement banned the publication of buyer's agent commission offers on MLSs, requiring direct negotiation and written agreements. This change aims to increase competition but may shift financial burdens onto home buyers. Discover the implications and the continued importance of hiring a skilled buyer's agent.

Listing agent in Los Angeles real estate. Learn how their expertise and responsibilities can help you successfully sell your home.

Discover the financial power of home equity in Los Angeles, where the robust real estate market amplifies wealth. Learn how strategic property investments in prime locations like Beverly Hills and Pacific Palisades can yield substantial equity gains, offering a potent tool for homeowners to secure their financial future.

West Los Angeles real estate scene with our comprehensive analysis of the 90025 housing market. Discover what makes condos and single-family homes in this vibrant area a sound investment in today's competitive environment. Price per square foot, date on the market, whether seller or buyers market.

Westwood, 90024 latest real estate data. Whether you're buying or selling, our in-depth insights ensure you make informed decisions in this dynamic Los Angeles community.

Cut through the clutter of misinformation with our expert analysis of the 2024 housing market. Discover what's myth and what's reality, learn about mortgage rates, down payments, and get ahead with the latest real estate trends for savvy home buying.

In today's fluctuating economy, potential home buyers face a critical decision: should they purchase now or wait for mortgage rates to drop? Currently, mortgage rates are at a significant high, with recent figures showing a peak at 7.4%. Historically, rates have been volatile, especially during election years when they are expected to decrease, though often not by a wide margin. For instance, over the past year, rates surged above 8% before settling back down to the current rate. This environment of high and unstable rates poses a challenge for buyers, impacting affordability and increasing monthly payments. For those considering buying a home, this could mean potentially higher long-term costs if rates do not stabilize or decrease soon.

Are you considering buying or selling a property and wondering whether to engage a real estate agent?Compelling reasons why partnering with a seasoned agent is a smart move. From our unparalleled industry experience to their intricate knowledge of local market dynamics, real estate agents are your trusted allies. They not only clarify complex pricing strategies but also meticulously review contracts and champion your interests through masterful negotiation. Whether you’re aiming to maximize your investment as a seller or craft a standout offer as a buyer, an agent's expertise is invaluable. Discover how an agent can be your guide, advocate, and strategist in the real estate market.

Step into the world of homeownership with ease. Our guide offers vital tips for first-time homebuyers, from securing financial pre-approval to exploring lower down payment options and more

Explore the Q4 2023 insights on Los Angeles' multifamily real estate sector. With detailed statistics on market absorption, rent trends, and vacancy rates, get an informed outlook on where the market stands and where it's heading.

Explore insights from the latest Home Price Expectations Survey. With housing experts predicting consistent growth in home values, uncover why the current market presents a golden opportunity for potential homeowners and investors alike.