Reader, mortgage shopping, home prices and regional housing indicators.  

Your first tuesday real estate news
Week of May 25, 2020

Orange County housing indicators
Orange County’s homeownership rate has fallen since its 2007 peak of 62.7%.

Riverside housing indicators
As of Q4 2019, the homeownership rate has risen fully from its bottom, now at 62%.

Current market rates
The average 30-year fixed rate mortgage remained roughly level in the week ending May 22, 2020, now at 3.24%.

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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