Blog Posts

01/08/2021

Propertymanagement.com's Best Property Management in Oakland

Propertymanagement.com's Best Property Management in Oakland

We are proud to announce that Advent Properties, Inc has been rated #1 by Propertymanagement.com on their list of the Best Property Management in Oakland, CA. Here is what they have to say about our services:
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12/17/2020

Expertise.com's 2020 Best Property Managers in San Francisco

Expertise.com's 2020 Best Property Managers in San Francisco

Widely respected business recommendation website, Expertise.com, scored 178 Property Management companies in San Francisco, and we rank #1 (technically).
Expertise makes it easy to find the best local experts in your area. Their proprietary research and selection process identifies the top service professionals in over 200 different industries in major cities across the United States. Expertise features only objectively quantified and qualified professionals hand-picked by their selection process, and research to understand what’s important when searching for experienced and professional companies.   more...

12/16/2020

Buying a Home in 2021? Here Are 3 Things to Keep in Mind

Buying a Home in 2021? Here Are 3 Things to Keep in Mind

Owning a home is a huge undertaking but a potentially rewarding one. When you buy a place of your own, you get to build equity in an asset that can increase in value over time. You also gain the stability of not having a landlord who can decide to renew your lease or not. But if you think that 2021 is the year for you to buy a home, you should know what the housing and mortgage market could have in store. Here are a few things to keep in mind:
You might pay more than you think: According to the Mortgage Bankers Association, the average buyer took out a $375,000 mortgage to purchase a home as of late November. Home values across the country have skyrocketed in 2020, and once 2021 kicks off, they're apt to stay that way. If you're hoping to buy in 2021, prepare to pay a premium, especially early on in the year, when prices and inventory will likely be comparable to what they are now. We recommend you take some time this year to review your budget and then establish an outer limit for what you can pay.   more...

12/14/2020

Pending Sale with Darryl Glass: 5425 Shattuck Avenue, Oakland, CA 94609

Pending Sale with Darryl Glass: 5425 Shattuck Avenue, Oakland, CA 94609

This blog post will update with the most recent changes around this listing.
We are glad to announce that this attractive income property/fixer-upper in the Temescal neighborhood is now pending sale! 5425 Shattuck Avenue comes with tenants paying rent, period details throughout the home, and an incredibly spacious backyard with small cabin. This 4-bedrooms, 2-bathroom home could be a great handyman's fixer-upper or a flippers dream — Take a look at these images below:   more...

12/09/2020

San Francisco's Ban on Smoking Tobacco in Multi-Family Housing Goes “Up in Smoke”

San Francisco's Ban on Smoking Tobacco in Multi-Family Housing Goes “Up in Smoke”

Photo by Irina Iriser on Unsplash. In an unusual turn of events, the Board of Supervisors on Tuesday rejected a proposed ban on smoking or vaping tobacco in apartments that it voted for just last week. The board must approve legislation in two separate votes.
Ordinarily, the second vote is perfunctory. But not this time, as Supervisors decided not to approve Board President Norman Yee’s proposed ban on smoking in apartments on its second vote after approving the proposal last week in a 10-1 vote. This time the board split a 6-to-5 vote to send the legislation back to the committee.   more...

12/08/2020

The NeighborhoodLIFT® Program Helps Eligible Homebuyers with Down Payments

The NeighborhoodLIFT® Program Helps Eligible Homebuyers with Down Payments

Photo by Vlada Karpovich from Pexels
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12/07/2020

San Francisco Board of Supervisors Approve Ban on Smoking Tobacco in Multi-Family Housing

San Francisco Board of Supervisors Approve Ban on Smoking Tobacco in Multi-Family Housing

Photo by Nicole De Khors from Burst The Board of Supervisors approved a ban on smoking tobacco in buildings of three or more units. Introduced on November 3rd, this ordinance faced a vote before the full Board of Supervisors on December 1st. The ban makes San Francisco among 63 cities and counties in California to have smoke-free multi-unit housing and crowning San Francisco as the largest city in the country to adopt a smoke-free policy.
This ordinance amends the Health Code to prohibit smoking inside all private dwelling units in multi-unit housing complexes containing three or more units and all common areas, along with the following details:   more...

12/05/2020

Renter Affordability Statistics As of Q3 in 2020

Renter Affordability Statistics As of Q3 in 2020

The housing market has had a spectacular recovery since May, but at the same time, home prices have been surging. This post will explore the levels of difficulty for renters to achieve the dream of homeownership with the data presented by the National Association of Realtors.
38% of renters can afford to buy a home but need 13 years of savings to make a 10% down payment: As mortgage rates have fallen and incomes have increased. The fraction of renters who can afford to purchase a home has increased from 33% in 2018 to 39% as of 2020. However, as of 2020 Q3, the fraction of renters that can afford a home has increased since 2018 to 39%.   more...

12/04/2020

Just Sold by Darryl Glass: 5329 Wentworth Avenue, Oakland, CA 94601

Just Sold by Darryl Glass: 5329 Wentworth Avenue, Oakland, CA 94601

This blog post will update with the most recent changes around this listing.
We are glad to announce that this newly-renovated home in Melrose at 5329 Wentworth Avenue has now sold! This fully remodeled and upgraded home features three bedrooms, two bathrooms, and a spacious backyard with mature fruit trees. This light-filled craftsman's style home also features an expansive private backyard, perfect for hosting those family gatherings or socially distanced BBQs.   more...

12/02/2020

Rent Registry Legislation Approved Despite Hundreds in Opposition, and Here’s Why…

Rent Registry Legislation Approved Despite Hundreds in Opposition, and Here’s Why…

SFBoS staff, Public domain, via Wikimedia Commons On November 18th, 2020, the Budget and Finance Committee recommended approval of the Housing Inventory, or Rent Registry legislation. Hundreds of San Franciscans called into the hearing, with a ratio of 8 out of 10 callers opposing the proposal. Nonetheless, the committee looked to bring the approved legislation to the full Board of Supervisors at their private meeting this past Monday, December 1st, 2020 — which was approved by the full Board of Supervisors.
According to track landlord-tenant relationships, inspect and investigate housing services and rents, and better administer the rent ordinance.”   more...

Due to the Shelter in Place order our office is closed to the general public. As an Essential Business we are still open.
To contact us please call 510.250.7918 or email us at team@adventpropertiesinc.com.
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