[Name], cost-burdened renters, SALT deduction cap and the imminent recession.  

Your first tuesday real estate news
Week of January 7, 2019

 Features
 

Over half of CA renters are cost-burdened
55.2% of all CA renters are cost-burdened.

The impacts of the SALT deduction cap in CA, one year later
This tax change will result in many residents paying significantly higher tax bills.

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Recession imminent; Monthly Statistical Update (January 2019)
Buyer purchasing power reins in buyers as the yield spread indicates recession is in view.

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Poll  Vote on it
 

Do clients pull credit scores before seeking pre-approval for a mortgage?

 

Bay Area housing markets cool
Have high home prices and competition finally reached a tipping point in the Bay Area?

Rising seas to swallow thousands of California homes by 2050
The hazards of sea level rise are increasing each year, and the implications for real estate are huge.

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5 handy apps for real estate professionals
Mobile apps have made a significant impact on our lives, and the homebuying process is no exception.

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Current market rates [chart]
The average 30-year fixed rate mortgage (FRM) rate decreased slightly to 4.49% last week.

California home sales volume lays low [chart]
Home sales will continue to decrease as we look to 2019, slowing the flow of agent fees.

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Poll  real estate made reel — your weekly educational videos
 
 

 Tenancies as Leasehold Estates (2:36)

This video covers the four types of tenancies and proper termination of a tenancy.

 
 
Form udpates  form updates this month
 

- Sale and Purchase Agreements: Forms 150, 150-1, 150-2, 151, 152, 153, 154, 155, 156, 156-1, 157, 159, 161, 167, 171 and 185

- Landlord and Tenant Forms: Forms 305, 305-1 and 550

- Transaction Disclosure Sheet: Form 314

 

To access all updated forms, view our RPI Forms library here.

 

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