Empower Real Estate

You may be sitting on the sidelines wondering if it’s better to buy now or wait. But buying before the spring rush may be a game-changing decision. Moving this winter can give you significant advantages, like less competition, more negotiating power, and lower prices. If you’re able to buy now, stay ahead of the game and outrun the competition. To tackle your homebuying plans this year, let’s connect.

Attention Los Angeles Landlords

As Los Angeles navigates the aftermath of recent wildfires, it’s crucial for landlords to stay informed on changing laws that may impact their rental properties.

Key Updates for Landlords:
✔ Rent Increases Capped – A 10% limit on rent increases is in effect until at least March 8, 2025, under California’s anti-price gouging law.
✔ Rent Control Still Applies – State and local rent control laws remain in place and may further restrict increases.
✔ Temporary Eviction Protections – Some cities, including Los Angeles and Santa Monica, have emergency rules preventing evictions for tenants housing displaced individuals or keeping pets due to the fires.
✔ Just Cause Eviction Rules – Many properties must follow state or local just cause eviction laws, which limit lease terminations to specific legal grounds.

At RE/MAX Empower, we are committed to helping landlords navigate these challenges. If you have questions about how these regulations affect your rental property, call our office at (818) 848-3637 or visit our website at www.remaxempower.com to be connected with an expert.