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Showing posts with the label BayEast

June East Bay Real Estate Weather Report

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Hayward Rent Rules Mean Fines and Jail Time

The City of Hayward's preliminary Residential Rent Stabilization and Tenant Protection Ordinance includes fines and jail time for rental property owners who don't share rent increase and eviction information with City Hall. Other rules include Hayward politicians and bureaucrats determining a property owners "fair rate" of return on their investment. You can review the entire draft Ordinance here. The City Council will take action on the Ordinance during their June 18 meeting.  Share your thoughts about this issue, and your experiences as rental property owners or managers, with the Hayward City Council.

Even More Rental Rules Coming in Hayward

The City of Hayward released a draft of a Residential Rent Stabilization and Tenant Protection Ordinance. The 45-page document presents new rules regarding:  -A landlord's "fair rate" of return on investment -Limits on rent increases including increases on vacant units -Landlord-tenant dispute resolution -Security deposits -Eviction and harassment -Discrimination based on source of income -Information landlords must provide to tenants and to the City of Hayward including terminations and rent increases. The Hayward City Council is scheduled to take action on this ordinance during its June 18 meeting. You can review the entire draft Ordinance here .

May East Bay Real Estate Weather Report

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April East Bay Real Estate Weather Report

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March East Bay Housing Stats

BayEast posted their East Bay housing statistics for the month of March. You can find it here: https://bayeast.org/community-info/community-info/ Click on the city you want and then "Housing Market Information" followed by "Current Attached" or "Current Detached"

February 2019 East Bay Housing Stats

BayEast posted their East Bay housing statistics for the month of February. You can find it here: https://bayeast.org/community-info/community-info/ Click on the city you want and then "Housing Market Information" followed by "Current Attached" or "Current Detached"

Hayward Task Force Discusses Rent Moratorium

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A special City of Hayward task force will discuss a moratorium on increasing rents and other tenant protections during a meeting on Thursday, March 21.  An agenda for the meeting was released March 19. The Council Homelessness-Housing Task Force was established to advise the City Council on rental housing policies.  During the March 21 meeting they will study the rent moratorium and these other issues: A mandatory mediation program with binding arbitration triggered when rents are increased more than five percent.  (Single family homes and condominiums would be exempt); Elimination of the vacancy decontrol provisions of the current Residential Rent Stabilization Ordinance; Protecting Section 8 voucher holders from discrimination; Requiring landlords file rent increase and eviction notices with the City of Hayward; and Explore ...

March 2019 East Bay Real Estate Weather Report

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Hayward Moving Forward on More Rental Rules

During their Feb. 19 marathon meeting lasting well past midnight, the Hayward City Council directed staff to work on the following new rental housing policies: Increasing rent, and all other charges, more than 5% would trigger a mandatory meditation process with the potential of a binding arbitration between the landlord and tenant.  This requirement would apply to all rental units except single-family homes.  It is not yet clear whether condominiums would be exempt. The current vacancy decontrol process could be eliminated altogether or possibly suspended for three to five years for the remaining 1,000 to 1,600 units in Hayward currently subject to the Residential Rent Stabilization Ordinance. Eviction for Cause would be expanded to cover all rental units including single-family homes and condominiums. Require all landlords to notify the City of Hayward when in...

Hayward Considers Regulating Single Family Homes and Condominiums

The Hayward City Council is considering new rental housing policies some of which will cover single family homes and condominiums. Hayward staff will present the suite of new and expanded regulations to the City Council during a work session on Tuesday, February 12.  They include: Binding landlord-tenant mediation in disputes related to rent increases exceeding five percent.  Single family homes, condominiums and rental units constructed after 1979 and would be exempt. Eliminating the vacancy decontrol provision from the existing Residential Rent Stabilization Ordinance. (RRSO) Expanding eviction for cause to all rental units including single family homes and condominiums. Adding a relocation assistance provision to the RRSO that would require a landlord to pay a tenant an amount equal to three times the Fair Market Rent as defi...

February 2019 East Bay Real Estate Weather Report

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January East Bay Real Estate Weather Report

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December 2018 East Bay Housing Stats

BayEast posted their East Bay housing statistics for the month of December. You can find it here: https://bayeast.org/community-info/community-info/ Click on the city you want and then "Housing Market Information" followed by "Current Attached" or "Current Detached"

November East Bay Housing Statistics

BayEast posted their East Bay housing statistics for the month of November.  You can find it here: https://bayeast.org/community-info/community-info/ Click on the city you want and then "Housing Market Information" followed by "Current Attached" or "Current Detached"

December East Bay Real Estate Weather Report

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November East Bay Weather Report

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October East Bay Housing Statistics

BayEast posted their East Bay housing statistics for the month of October.  You can find it here: https://bayeast.org/community-info/community-info/ Click on the city you want and then "Housing Market Information" followed by "Current Attached" or "Current Detached"

East Bay October Real Estate Weather Report

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September East Bay Housing Statistics

BayEast posted their East Bay housing statistics for the month of September.  You can find it here: https://bayeast.org/community-info/community-info/ Click on the city you want and then "Housing Market Information" followed by "Current Attached" or "Current Detached"