Reader, affordable housing legislation, Los Angeles rentals and legislative gossip.  

Your first tuesday real estate news
Week of May 13, 2019
 Features
 

Legislative steps toward more affordable housing
California's legislature is addressing the affordable housing shortage with these recent laws.

Los Angeles rental crisis continues in 2019
Los Angeles is the worst place to be a renter.

Legislative Gossip Update, May 2019
A proposal to allow tenants to form tenant associations, and more.
Poll  Vote on it
 

Is an offer more likely to be accepted when accompanied by a letter from the buyer?
 

Recent Case Decision: Citrus El Dorado, LLC v. Chicago Title Company
May a trustee foreclose on a property without verifying the validity of the underlying mortgage?

Recent Case Decision: Smyth v. Berman
Does a right-of-first refusal granted in a lease agreement survive when the lease ends and the tenant continues possession on a month-to-month basis?

California home sales volume lays low
36,600 new and resale home transactions closed escrow in California during March 2019.

Jobs move real estate
California employment increased in March 2019 over the prior month for a total of 17,313,900 jobs.

Current market rates
The average 30-year fixed rate mortgage rate decreased to 4.01% in the week ending May 10, 2019.
Form udpates  form updates this month
 

No form updates this month.

 

To access all updated forms, view our RPI Forms library here.
Click on Download the Full Forms Library to download our entire catalog.
 

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