Real estate news and product updates for California
San Francisco has some of the highest rents in the entire country. Rent isn’t the only thing that’s high in the city, though. Landlords here also require higher credit scores than those in other cities do, according to a study from RentCafe.
Los Angeles is the preferred North American destination for international real estate investors, according to the CBRE Global Investor Intentions Survey. Other popular North American cities/regions include Dallas/Fort Worth; New York; Washington, DC; and Atlanta.
Anyone who stays current on California real estate knows that the state is facing a serious supply and demand issue. There simply aren’t enough homes on the market, and those that are available get snatched up before the ink on the “For Sale” sign dries.
Did you know that in 2016, their was 1.5 million fewer homeowners? Many people, especially in states with a higher cost of living like California, are choosing to rent instead of buying real estate. Below are some of the best places to buy rental property in the Golden State if you're an investor:
A security deposit is money collected by a landlord in addition to rent and used to protect the landlord if the tenant violates the terms of the rental lease.
For several years, the rental market in San Francisco has been what could best be described as overheated, with rents escalating each year.