California lawmakers on Friday night adjourned for the year without extending the statewide COVID-19 eviction moratorium, all but cementing its expiration on Sept. 30. Source Link https://caanet.org/california-legislature-adjourns-without-extending-covid-eviction-moratorium

Things To Know About Price Reductions Price reductions are normal: It’s normal to see more price reductions from the summer through the fall season. The danger is it’s easy to observe normal trends through a doom and gloom lens. The issue is demand changes from the spring and there is…

This is a snapshot of the Rental & Housing Real Estate Market in the Greater Sacramento area. For more information

AB 832 extends the current COVID-19 eviction protections, which were set to expire on June 30, 2021, for an additional three months until September 30, 2021. AB 832 also expands the existing State Rental Assistance Program to provide landlords with 100% of rent owed by qualifying residents. This Industry Insight…

Gov. Newsom’s latest emergency declarations, based on record-high temperatures and drought conditions, will keep California’s protections against rent gouging in place statewide until at least next month. All told, Gov. Newsom has declared drought-related emergencies in 50 of California’s 58 counties — including nine counties named in an order this…

Sacramento’s Urban Core is experiencing a revitalization of development. Exciting projects include, but are not limited to, The A.J. mixed-residential, and Powerhouse Science Center projects in the Railyards District, River One condominiums and hotel in the Bridge District, and the completed Fort Sutter Hotel in Midtown. Sacramento is ready to…

State lawmakers are scrambling to keep the state’s COVID-19 eviction moratorium from expiring June 30, even as mass vaccinations and dwindling infection rates have allowed California this week to fully reopen its economy. Mike Nemeth CAA Communications Director     State lawmakers are scrambling to keep the state’s COVID-19 eviction…

WHY SACRAMENTO NOW? Strong Housing Market Growth Sales Inventory Days on Market   Sacramento Housing Summary M&M Properties M&M Properties forecast for Sacramento housing is prices will continue in an upward pattern and inventory will continue to be a challenge. Investment in the Sacramento market is STRONG considering Sacramento currently…

Gov. Newsom today announced his intent to pay rental housing providers 100% of rent that’s gone unpaid because of COVID-19. “This is certainly welcome news, and we applaud Gov. Newsom for his commitment to making rental housing providers whole,” said Tom Bannon, chief executive officer of CAA. “Many of our…

SB 721 (Chapter 445, Stats. 2018) was signed by Governor Brown in response to the 2015 Berkeley balcony collapse. The balcony collapsed due to decayed wooden joists; six young adults on the balcony were killed and seven others were injured, mostly Irish citizens, visiting California as part of UC Berkeley’s…