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Important Reminder: JCO Program Annual Fee Deadline Approaching

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The City of Los Angeles Housing Department (LAHD) issued its 2025 Annual Bill for rental units earlier this month, and it includes the new Just Cause Ordinance (JCO) fee of $31.05 per unit. This fee applies to all non-RSO rental units in the City of Los Angeles and was due on January…

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California’s 2025 Housing Market Forecast: Sales and Prices to Rise

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The California Association of REALTORS® (C.A.R.) projects a 10.5% increase in home sales and a 4.6% rise in median home prices in 2025. Lower mortgage rates and improved housing supply will encourage more buyers and sellers to enter the market, driving increased activity.   Key Market Predictions for 2025 Home Sales: Expected…

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California’s AB 2493: New Rules on Application Fees for Landlords

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As of January 1, 2025, Assembly Bill 2493 is now in effect, imposing strict regulations on application fees for tenants. These new rules create significant challenges for landlords and property managers. Key Provisions of AB 2493 To charge an application fee, landlords must: Process applications in the order they are received. Approve…

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