Your first tuesday real estate news Week of November 30, 2020
Appraisal waivers are fueling the refinance wave Is the rapid increase in appraisal waivers a danger sign for the real estate market?
Monthly Statistical Update, December 2020 California's latest labor force participation figures signal the need for a second jobs recovery.
The Stages of Foreclosure, Reinstatement and Redemption This video covers reinstatement and redemption periods prior to a trustee’s sale.
Foreclosure requirements shift in California Lawmakers strike back at Wall Street banks by forbidding bundling foreclosure properties.
Word-of-the-Week: Judicial foreclosure Is one minute long enough to cover the basics of a sheriff's sale? You be the judge.
Brokerage Reminder: Carryback financing Tighter mortgage restrictions mean it's time to brush up on seller financing fundamentals.
California tiered home pricing Home prices continued their climb in Los Angeles, San Diego and San Francisco during September 2020.
Jobs move real estate Jobs are now 8.3% below their December 2019 peak, an erasure of the past four years of job growth.
Los Angeles housing indicators As of September 2020, a strangled MLS inventory gave way to home sales volume 10% below 2019.
Orange County housing indicators As of October 2020, year-to-date sales volume was 3% below a year earlier.
Riverside housing indicators Year-to-date sales volume has Riverside 5% below 2019 as of September 2020.
Current market rates The average 30-year fixed rate mortgage remained at 2.72% in the week ending November 27, 2020.
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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