Newsletter

Reader, the housing boom, rising interest rates and agent fees.

Your first tuesday real estate news
Week of January 28, 2019

Features

Today’s housing boom is one of the largest in history
Our current home price boom is the third largest in over a century of record-keeping.

A case for the ARM in 2019
Rising FRM rates and the prospect of future rate movement make ARMs an attractive option in 2019.

Editorial: Do real estate agents receive commissions or fees?
first tuesday has long argued for the use of the word "fee" instead "commission."

Vote on it

How did 2018 tax changes affect home sales volume?

Study finds typical fee structure harms clients, experienced agents
A recent study highlights the inefficiencies inherent in the traditional fee split model.

Freddie Mac tests manufactured housing financing program
Low- and moderate-income homebuyers now have more financing options when buying a manufactured home.

The truth about giving tax advice to clients
Many agents erroneously believe they cannot give their clients advice on the legal and tax aspects of a transaction.

May a lender prevent a homeowner from curing a mortgage default outside of a mortgage modification?
Get the ruling here.

Jobs move real estate [chart]
California saw a 295,100 year-over-year job increase in December 2018.

Current market rates [chart]
The average 30-year fixed-rate mortgage (FRM) rate rose to 4.46% in the week ending January 25, 2019.

Got a tip?
Do you have inside information you want the first tuesday editorial team to investigate? Let us know!

What you need to know about the refreshed Agency Law Disclosure
The updated statutory Agency Law Disclosure and confirmation provision went into effect at the beginning of 2019.

real estate made reel — your weekly educational videos

A Closer Look at a Tenancy-at-Will (3:07)

This video covers the characteristics of a tenancy-at-will, including termination.

form updates this month

- Sale and Purchase Agreements: Forms 150, 150-1, 150-2, 151, 152, 153, 154, 155, 156, 156-1, 157, 159, 161, 167, 171, 185 and 186

- Landlord and Tenant Forms: Forms 305, 305-1, 550, 550-2, 552, 552-1, 552-2, 552-3, 552-5 and 552-6

- Transaction Disclosure Sheet: Form 314

To access all updated forms, view our RPI Forms library here.

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