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San Leandro Rent Control Update
In a surprise move on Dec. 7, 2015, the San Leandro City Council voted to expand their current Rent Review ordinance to apply to single family homes and condominiums. A final decision was scheduled for Dec. 21 , but after testimony from tenant advocates and property owners, the council ultimately decided to delay taking action. TODAY, the council will make a final decision on the expanded ordinance. If single family homes and condos are included it could place a burden on property owners, unintentionally cause rents to increase and inspire other communities to consider rent control ordinances. While city staff are recommending to keep single family homes and condos out of the ordinance we anticipate tenant advocates and at least two city council members will work to have the ordinance cover all residential units. If you manage rental property in San Leandro, particularly single family homes or condos, please attend the city council meeting TODAY!
Prudential Realty joins Berkshire Hathaway's HomeServices Network
2014 seems to be the year of brokerage consolidation! First Realogy/NRT (which owns Coldwell Banker, Sotheby's, ERA, and many more ) purchased ZipRealty earlier this year. Now Berkshire Hathaway, which bought Intero/Alain Pinel, is in talks with Prudential Realty to join their HomeServices Network. More info here-- http://rismedia.com/2014-10-29/prudential-california-realty-joins-berkshire-hathaway-homeservices-network/
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