Reader, commercial property rebounds, and your Monthly Statistical Update Week of July 4, 2022
Commercial property shortage is making investors desperate Can commercial’s rebound outlast rising interest rates and an unstable economy?
Monthly Statistical Update: July 2022 The pendulum is about to swing back for California home prices, bankruptcies and jobs.
Brokerage Activities: Agent of the Agent This video covers agency and the licensed activities which may be conducted by a broker or an agent.
DRE Hot Seat: broker websites and advertising law Review the laundry list of violations that earned this broker a license revocation.
MLO Mentor: Section 35 loans This refresher highlights lending restrictions and disclosures for Section 35 higher-priced mortgages.
Brokerage Reminder: real estate travel kits A well-prepared agent will go beyond the bare necessities in their travel kits. Get the full list here.
Nearly 3x as many Californians are moving out than in Californians are taking a tip from Billy Joel, and they’re movin’ out.
The votes are in: high interest rates curb home purchases 90% of respondents agree that rising rates are discouraging homebuyers.
Legislative Gossip: July 2022 Catch the latest legal updates on Accessory Dwelling Units and air conditioning in California.
California tiered home pricing Los Angeles, San Francisco and San Diego home prices increased in April 2022.
Homebuyer demand outpaces inventory Inventory in California’s largest metros averaged 1% below a year earlier.
Current market rates The average 30-year fixed rate mortgage decreased slightly to 5.70% in the week ending July 1, 2022.
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