Reader, cash sales, moratorium updates and the notice of judicial sale.  

Your firsttuesday real estate news
Week of January 25, 2021

Letter to the editor: When a broker won't certify experience requirements
Agents applying to become brokers have alternative methods of verifying experience.

Word-of-the-Week: Exclusive-right-to-sell and right-to-buy listings
It only takes 90 seconds to secure your right to a fee. Click to watch our video overview of exclusive employment agreements.

Form of the Week: Bed Bug Addendum and Statement of Pest Control Operator’s Findings
RPI Forms 563-2 and 563-3 give you the down and dirty on bed bugs.

Recent Case Decision: Robin v. Crowell
May the omission of a second trust deed in a judicial foreclosure action by the first trust deed holder be corrected beyond six years after the first trust deed note became due and payable?

The 20% solution: personal savings rates and homeownership
The national personal savings rate has fallen back to 12.9% as of November 2020, still well above historical norms.

Income inequality harms California's housing market
California’s unique housing demands don’t always match up with the income of its residents. Income inequality is catching up with the economy.

REIT investment: playing the real estate game from the sidelines
In December 2020, REIT shares were valued 6% below the index value experienced a year earlier.

S&P 500: Stock pricing vs. earnings (P/E ratio)
The fourth quarter (Q4) of 2020 saw record highs in stock prices with the price-to-earnings ratio rising to 39.6.

Current Market Rates
The average 30-year fixed rate mortgage rate decreased slightly in the week ending January 22, 2021 to 2.77%.

Form udpates  form updates this month
 

— Form 575: with rent-related fees, on defaults from March 1st, 2020 to August 31st, 2020

— Form 575-1: without rent-related fees, on defaults from March 1st, 2020 to August 31st, 2020

— Form 575-2: with rent-related fees, on defaults from September 1st, 2020 through January 31st, 2021

— Form 575-3: without rent-related fees, on defaults from September 1st, 2020 through January 31st, 2021

 

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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