Newsletter

Reader, forbearance exits, industrial sector growth and periodic tenancies.

Your firsttuesday real estate news
Week of September 20, 2021

Features

How 1.5 million homeowners exiting forbearance will impact inventory
Will the coming wave of forced sales form a much-needed inventory boost, or a destructive tsunami?

Industrial properties pull ahead in K-shaped recovery
The industrial real estate sector has enjoyed rapid growth in 2021 — and it's not running out of steam anytime soon.

The Periodic Tenancy
This video covers the use of a rental agreement to structure a periodic tenancy, plus periodic tenancies from possession under a defective lease.

Vote on it

What is the biggest challenge in today’s housing market?

Form-of-the-Week: Seller Carryback Disclosure Forms
RPI Forms 300, 300-1 and 300-2 help agents prepare for a multitude of carryback seller financing transactions.

Career Coach: social media tips
Ready to go viral? The firsttuesday Career Manual helps licensees establish their personal brands and boost income.

Brokerage Reminder: Buckle up and look both ways!
Agents often spend more time on the road than in the office. Is your brokerage protected in an accident?

RPI Book Club

Become an expert on today's transactions

Alternative forms of financing are becoming increasingly popular in California. Click here to download RPI e-book Creating Carryback Financing and seize these opportunities to pad your income.

Now available FREE for all firsttuesday Journal readers!

DFPI Bulletin Digest: September 2021
The latest DFPI Bulletin focuses on reporting requirements for mortgage servicers, and NMLS license transitions.

Homebuyer demand continues to outpace inventory for sale
Across California’s largest metros, inventory averaged 23% below a year earlier as of July 2021.

Investing: Stocks or real estate?
Fundamentals suggest real estate remains a solid long-term investment, but 2021 is not a prudent time to start.

S&P 500: Stock pricing vs. earnings
The price-to-earnings ratio fell back to 28.2 in Q2 2021, still well above historical benchmarks.

Current market rates
The average 30-year fixed rate mortgage dipped slightly in the week ending September 17, 2021 to 2.86%.

RPI Form Updates

— Form 575-2: 15-Day Notice to Pay Rent with rent-related fees, on defaults from September 1st, 2020 through September 30th, 2021

— Form 575-3: 15-Day Notice to Pay Rent without rent-related fees, on defaults from September 1st, 2020 through September 30th, 2021

— Coming soon: A statutory notice of COVID-19 recovery period rental debt assistance will be released in September 2021. The new notice is to be included with any three-day notice to pay rent for rental defaults occurring between October 1st 2021 through March 31st 2022.

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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