January 14, 2025 - 00:27
California officials are sounding the alarm on predatory rental practices in the Los Angeles area as the region grapples with the devastating effects of historic wildfires. With many residents facing displacement due to the fires, there are growing concerns that landlords are taking advantage of the situation by significantly increasing rental prices. Reports indicate that some landlords have raised monthly payments by at least 10%, particularly in neighboring communities.
The state's housing department is closely monitoring the situation and urging landlords to adhere to fair rental practices. They emphasize the importance of maintaining affordable housing options during this challenging time. As the demand for housing surges due to the displacement caused by wildfires, officials are committed to ensuring that renters are not subjected to exploitative pricing.
Residents are encouraged to report any instances of price gouging, as authorities work to protect vulnerable populations from being further impacted by the ongoing crisis. The situation remains fluid, and officials are taking steps to address these pressing concerns in the rental market.
June 16, 2025 - 08:51
Celebrating Excellence in Real Estate: NJBIZ Honors Leaders and Top ProjectsOn June 10, a prestigious event took place at The Marigold in Somerset, where NJBIZ recognized the outstanding contributions of the 2025 Leaders in Real Estate Construction and Design, alongside...
June 15, 2025 - 17:04
Proposed Bill in Albany Raises Concerns Over Contract LawReal estate lawyers are expressing serious concerns regarding a bill currently progressing through the legislative process in Albany. They argue that the proposed legislation, intended to protect...
June 15, 2025 - 03:46
Free Real Estate Webinar Scheduled by Christi Reece GroupGrand Junction, CO – June 9, 2025 – The Christi Reece Group is excited to announce a complimentary Real Estate Webinar set to take place on Wednesday, June 18, from 5:30 to 6:30 PM. This...
June 14, 2025 - 22:43
Affordable New Homes Under $350K Attract Buyers in California's Central ValleyAffordability in California`s Central Valley region is a drawcard for buyers—especially those who want new homes that are move-in ready. Despite the state`s median home prices soaring to an...