[Name], 2020 recession, sales volume slumps and escrow instructions.  

Your first tuesday real estate news
Week of April 13, 2020

Form of the Week: Transaction Coordination Sheets
Use a transaction coordination sheet to organize, track and maintain all transaction activities.

The votes are in: Income inequality depresses home prices
Readers weigh in on how income inequality affects California home prices.

Inventory drops going into 2020, now set to climb
Inventory is once again near historic lows in 2020.

Falling interest rates keep Buyer Purchasing Power Index positive in Q1 2020
Homebuyers are able to borrow 8.9% more in Q1 2020 than a year ago.

Current market rates
The average 30-year fixed rate mortgage remained level at 3.33% in the week ending April 10, 2020.

Form udpates  form updates this month
 

- Listing Forms and Marketing Package: Form 115


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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