Reader, rent control, housing insecurity and URLA borrower financial information.  

Your first tuesday real estate news
Week of June 15, 2020

Residential rent growth slows dramatically
The U.S. annual rent growth rate in April was the slowest since the end of 2017.

Form of the week: Exclusive Authorization to Lease Property and Schedule of Fees
Learn how RPI Forms 110 and 113 help secure your fee.

Rentals: the future of California real estate?
In Q1 2020, California’s rental vacancy rate descended to a low 3.4%.

Current market rates
The average 30-year fixed rate mortgage (FRM) rate remained roughly level in the week ending June 12, 2020, now at 3.21%.

Will home prices remain inflated in 2020, despite the recession?
Today's supply-and-demand imbalance remains in sellers’ favor.

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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