[Name], foreclosure crisis, rising prices and quitclaim deeds.  

Your first tuesday real estate news
Week of August 24, 2020

Brokerage Reminder: Prop 13 - transactions excluded from reassessment
This week's Broker Reminder reviews the pitfalls of Prop 13 and transactions that trigger reassessment.

Recent Case Decision: WFG National Title Insurance Company v. Wells Fargo
Does a trust deed holder owe a duty to a title insurance company who relies on a forged trust deed?

California home sales volume lays low
35,300 new and resale home transactions closed escrow in California during June 2020. Read our analysis of the latest sales volume figures.

Sales volume: a powerful magnet for home prices
California home sales volume continued to slow in Q2 2020, with quarterly sales volume 29% below a year earlier.

Current market rates
The average 30-year fixed rate mortgage rose slightly in the week ending August 21, 2020, now at 2.99%.

Reminder: Sexual harassment training deadline extended
California's mandatory Sexual Harassment Prevention Training is now available.

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