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Your first tuesday real estate news
Week of May 20, 2019

Recent Case Decision: Eminent domain
May a commercial property owner whose property is seized through eminent domain recover money losses for lost goodwill when they refuse to relocate?

Using the yield spread to forecast recessions and recoveries
The yield spread continued to inch lower in April 2019, averaging 0.15 points.

Gold standard: not the answer for long-term home price stability
The price of gold declined to $1,285 per ounce in April 2019.

Current market rates
The average 30-year fixed rate mortgage rate decreased to 3.95% in the week ending May 17, 2019.

Legislative steps toward more affordable housing in California
California's legislature is addressing the affordable housing shortage with these recent laws.

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