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Your first tuesday real estate news
Week of January 6, 2020

California homeowners are staying put for longer
As homeownership tenure lengthens, fewer homes are going to market.

More subprime mortgages issued in 2019
When subprime mortgages are originated in large numbers, they can be a danger to the housing market.

DRE Hot Seat: Sitseefly, Inc.
This article is part of an ongoing series covering violations of real estate law.

Using the yield spread to forecast recessions and recoveries
The yield spread returned to positive territory in December 2019, averaging +0.32 points.

Buyer Purchasing Power Index rises in Q4 2019
first tuesday's 2020 forecast shows buyer purchasing power decreasing in the coming months.

Current market rates
The average 30-year fixed rate mortgage rose to 3.76% in the week ending January 3, 2020.

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