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Your firsttuesday real estate news
Week of May 10, 2021

First-time homebuyer tax credits: do we need them?
Read our analysis on the potential benefits and drawbacks of a first-time homebuyer stimulus.

Letter to the Editor: What is an agency relationship?
We break down the types of relationships formed under listing agreements and how each are created.

Legislative Gossip, May 2021
Catch up on California's latest housing bills, including relaxed permitting for school district employee housing.

DRE Bulletin Digest Spring 2021
The Spring 2021 Real Estate Bulletin focuses on licensing updates, fiduciary duty and foreclosure relief scams.

Recent Case Decision: Boshernitsan v. Bach
May owners of a rental property evict a tenant when title to the property is vested in an intervivos trust with the owners as trustees?

The mean price trendline: the home price anchor
Home prices continue to stray from their historical equilibrium in Q1 2021. How much longer will home prices climb?

The slowing trend in California construction starts
Single family residential starts were 26% below one year earlier in the six-month phase ending March 2021.

Golden state population trends
California's population declined for the first time in living memory in 2019, down a slight 0.1% from the prior year.

Current market rates
The average 30-year fixed rate mortgage rate declined slightly in the week ending May 7, 2021, to 2.96%.

Form udpates  RPI Form Updates
 

— Form 351: Individual Tax Analysis (INTAX)

— Form 575-2: 15-Day Notice to Pay Rent with rent-related fees, on defaults from September 1st, 2020 through June 30th, 2021

— Form 575-3: 15-Day Notice to Pay Rent without rent-related fees, on defaults from September 1st, 2020 through June 30th, 2021

 

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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