More than two years of declining rents are sparking moving plans for many renters to gain space, save money or explore a new area, according to a new report from Realtor.com. Rent prices fell year over year for the 25th consecutive month in August, while also registering the first month-over-month drop since March 2025, signaling...Read More
The numbers no longer pencil out like they used to. Once seen as a golden opportunity for passive income, short-term rental properties are now facing mounting pressure from every direction. The most recent hit? California Senate Bill 584 (SB 584), the Laborforce Housing Financing Act, which imposes a new 15% state tax on short-term rentals, went...Read More
In California, Senate Bills 721 and 326 represent transformative legislation aimed at reinforcing safety and structural integrity in multi-family and condominium properties. While these laws were enacted in response to a tragic incident, they also provide a crucial compliance pathway to protect building owners and homeowners associations (HOAs) from insurance cancellation, liability exposure, and financial penalties. The Berkeley...Read More
Terra Capital development wants 42 units near Metro station More single-family homes in Sawtelle are slated to be replaced with multifamily residential properties. Terra Capital filed an application to the Los Angeles Department of City Planning to build a new eight-story building at 2219 South Wellesley Avenue, Urbanize Los Angeles reported. The property sits a few...Read More
Over the last year, two California oil refineries, Phillips 66 in Los Angeles and Valero in Benicia, have announced their plans to shut down. These unexpected closures add urgency to the process of planning for an orderly transition from gasoline to renewable electricity as California’s primary transportation fuel. This week, the California Energy Commission announced its...Read More
Sacramento, CA – The California Fuels and Convenience Alliance (CFCA) is urging the Legislature to take immediate action to prevent a fuel supply and affordability crisis tied to the January 1, 2026, deadline to remove all single-walled underground storage tanks (USTs). While CFCA supports the transition to safer double-walled tanks, the current enforcement approach fails to account...Read More
What you need to know:The California Air Resources Board (CARB) today announced that theupdated Low Carbon Fuel Standard (LCFS) regulation will take effectbeginning in July. The LCFS benefits public health, increases funding for electric vehicle (EV) charging, and saves Californians billions of dollars. SACRAMENTO – CARB today announced that the implementation of California’s amended LCFS will begin on July 1, 2025, following approval by the Office of Administrative Law. The amended regulation...Read More
