Monthly Statistical Update: October 2020 The 2020 Recession hits home sales volume first while construction and jobs trudge along.
Prepare now for the return of real estate speculators Whether you love or hate them, get used to seeing speculators in your area for the next few years.
Homebuilders’ Housing Opportunity Index declines The National Association of Home Builders (NAHB) is sounding the alarm about housing affordability.
Brokerage Reminder: Prior occupant’s death on a property To disclose, or not to disclose, that is the question.
Word-of-the-Week: Conflict of Interest Watch our video review of the competing biases that hobble an agent or broker's fiduciary duties.
California home sales volume lays low The number of California homes sold in August 2020 was 1% lower than a year earlier.
California tiered home pricing Home prices jumped in Los Angeles, San Diego and San Francisco during July 2020.
Current market rates The average 30-year fixed rate mortgage decreased slightly in the week ending October 2, 2020, now at 2.88%.
form updates
A new series of COVID-19 Tenant Relief Act of 2020 forms have just been published on the RPI Forms Download page. The new forms are used by residential landlords when a tenant defaults on amounts due under a rental or lease agreement between March 1st, 2020 through January 31st, 2020. Learn more here.
NEW 15-Day Notice to Pay Rent with Required COVID-19 Declaration:
— Form 575: with rent-related fees, on defaults from March 1st to August 31st
— Form 575-1: without rent-related fees, on defaults from March 1st to August 31st
— Form 575-2: with rent-related fees, on defaults from September 1st through January 31st
— Form 575-3: without rent-related fees, on defaults from September 1st through January 31st
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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form updates