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Your first tuesday real estate news
Week of April 27, 2020

California home searches across metros
The home search patterns of Californians reveal hidden currents of the housing market.

The cost of a home office deduction
What qualifies a real estate licensee to write off home office expenses?

Modifying Escrow Instructions
Amending escrow instructions when an unaddressed issue arises.

Mortgage credit availability declines as recession certainty sets in
Lenders are walking a tightrope this spring.

Bankruptcy’s tie to homeownership
Homeowners who see their home values diminish are more likely to throw in the towel when financial stress occurs.

Current market rates
The average 30-year fixed rate mortgage remained roughly level at 3.33% in the week ending April 24, 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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