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Your first tuesday real estate news
Week of March 16, 2020

Investing: Stocks or real estate?
Why spring 2020 is an ideal hold phase for investors.

California’s low homeownership rate to continue
California’s average homeownership rate decreased slightly to 54.8% in 2019.

Los Angeles housing indicators
Total sales volume in Los Angeles during 2019 was 1.4% below 2018.

Orange County housing indicators
In 2019, Orange County's home sales volume was 3% below 2018.

Riverside housing indicators
Riverside finished 2019 with home sales volume a meager 1% above 2018.

Current market rates
The average 30-year fixed rate mortgage rebounded slightly to 3.36% in the week ending March 13, 2020.

Form udpates  form updates this month
 

Coming soon! A new series of Tenant Protection Act (TPA) forms will be published on the RPI Forms Download page in the coming weeks.
The new forms are used by landlords of properties subject to AB 1482 which limits annual rent increases to 5% plus the rate of inflation, and requires “just cause” to evict tenants who have occupied a unit for 12 months or more. An exhaustive article will be published in conjunction with the release of the new forms.

 

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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