[Name], inflated home prices, income categories and California's authority to legislate.  

Your firsttuesday real estate news
Week of July 19, 2021

DOJ to examine NAR’s rules and conduct
This is not the first time the National Association of Realtors® has been in hot water with the Department of Justice.

The coming surge in mortgage modification defaults
Prepare for a rise in re-defaulting borrowers after foreclosure moratoriums expire.

Word-of-the-Week: Right of First Refusal
This video explains the pre-emptive right held by another person to buy a property if the owner decides to sell.

7 steps to close the Black-White homeownership gap
The divide between White and Black homeownership rates is higher today than it was before the 1968 Fair Housing Act.

DFPI Bulletin Digest: July 2021
This month, the DFPI Bulletin focuses on proposed California Financing Law changes, and cyberware and ransomware threats.

Mortgaged homebuyers prefer rural setting to city life
A recent report shows urban demand dissipating throughout the last decade.

Current market rates
The average 30-year fixed rate mortgage rate remained roughly level in the week ending July 16, 2021, at 2.88%.

Trending: Amid climate change, agents find safety in complete disclosures
A complete NHD is a necessity for every home purchase.

Office Hours with Professor Bill: Episode 11
In the final class of the semester, Professor Bill discusses agency duties and their limitations. See you next semester!

Form udpates  RPI Form Updates
 

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

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