Reader, 2015 forecast updates and revised job numbers for California.
 
 
 
 

 Your first tuesday real estate news

Week of March 16, 2015

 
 
     
 
Feature

2015 economic forecast update

Our take on what's ahead for the market in 2015.

 
 
 
Practice

Comply with new notary requirements or face rejection

A breakdown of new requirements for notarized documents.

 
 
     
 
Market Trends

Jobs move real estate

Revised data shows an unexpected increase in job numbers.

 
 
 

Poll  Vote on it

When do you think the next economic recession will occur?

 
 
     
 
Market Trends

Renting and owning across counties

CA homeownership rates remained level and rental vacancy rates dropped in 2014.

 
 
     
 
Economics

One quarter of U.S. foreclosures unoccupied; one third in California

"Zombie" foreclosures increased in Q1 2015, but is it a real problem for California?

 
 
 
Finance

New HAMP guidelines increase homeowner incentives

HAMP homeowners are now eligible for increased principal reductions.

 
 
 
 
Market Trends

The source of home price movement: buyer purchasing power

The buyer purchasing power index (BPPI) remained positive in Q4 2014.

 
 
Ad Sales Licensing

Know someone interested in real estate? Advise them to become an agent! With first tuesday licensing courses, they'll learn all the fundamentals of California real estate. Have them call 951.781.7300, or send them a link to order the sales agent licensing package online.

 
 
 
Market Trends

MIP, PMI, or neither?

MIP rates for 30-year FHA mortgages fell in January 2015.

 
 
Legal Aspects

Is a rent abatement provision unreasonable when no money losses occur?

Get the ruling here.

 
 
 
Marketing

FARM: May newsletter

A printable flyer for the month of May.

 
 
 
 
 
 
Market Trends

California delinquencies diminish, recovery underway

90+ day delinquencies continued their slow decrease in Q4 2014.

 
 
 
Market Trends

FARM: A quick guide to irrigation systems

Help your clients with these tips for installing an irrigation system.

 
 
 
     
 
 
 
 
 
 
Poll  Comment of the week

"Whether you like it or not, agents will move from one company [to an]other. You will never know what happens outside of your office. It is your job as the owner of the company to provide the best possible training, competitive compensation, etc, etc that will lead to higher retention rate. If your agent is not making money with your company he/she will find a company that will cater to his/her objective. The agent will be motivated to work hard if the company he/she is with provides the necessary support. And besides, this will [cause] the company to be competitive and evolve in the industry."

- Lionel Madamba, on Is it unethical to recruit agents employed by another brokerage?