Reader, the income appraisal approach and your Monthly Statistical Update.  

Your first tuesday real estate news
Week of March 2, 2020

Does the American Dream extend to condo ownership?
Homebuyers are increasingly willing to consider condos and townhomes in California, in addition to SFRs.

California tiered home pricing
As home sales volume continues to flatten and fall, expect price reports to show a downward turn in 2020.

San Francisco housing indicators
2019 home sales volume ended the year with 2% fewer sales than in 2018.

Sacramento County housing indicators
Home sales volume in Sacramento County remained flat, with 24,100 homes selling in 2019.

Current market rates
The average 30-year fixed rate mortgage fell slightly to 3.45% in the week ending February 28, 2020.

Analyzing a Conflict of Interest
This video defines a conflict of interest and covers its disclosures and penalties.

Form udpates  form updates this month
 

Coming soon! A new series of Tenant Protection Act (TPA) forms will be published on the RPI Forms Download page in the coming weeks.
The new forms are used by landlords of properties subject to AB 1482 which limits annual rent increases to 5% plus the rate of inflation, and requires “just cause” to evict tenants who have occupied a unit for 12 months or more. An exhaustive article will be published in conjunction with the release of the new forms.

 

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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