Reader, homebuyer obstacles, the first offer and DRE Hot Seat.  

Your first tuesday real estate news
Week of September 09, 2019
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Obstacles holding back renters from homeownership
Most renters report a number of obstacles are holding them back from buying a home.

The votes are in: Sellers often accept the first offer they receive
Readers weigh in on whether their sellers accept the first offer they receive.

DRE Hot Seat: Failure to report a criminal conviction
This article is part of an ongoing series covering violations of real estate law.
Poll  Vote on it
 

What will be the effect of rising mortgage rates over the next five years?
 

California law sidesteps NIMBY advocates to build more homeless resource centers
AB 101 clears the path for centers providing homeless resources.

Appraisal threshold to be raised for first time in 25 years
Appraisals will not be required for one-to-four-unit residential property transactions of $400,000 and under.

Legislative Gossip Update, September 2019
A proposal to revise the Transfer Disclosure Statement and more.

San Diego housing indicators
As of Q2 2019, year-to-date sales are 8% below a year earlier.

Orange County housing indicators
Year-to-date home sales are 13% below 2018 as of Q2 2019.

Current market rates
The average 30-year fixed rate mortgage decreased to 3.68% in the week ending September 6, 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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