Reader, watch recession warning signals in your Monthly Statistical Update
Week of May 1, 2023

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DRE Hot Seat: Prison time for mortgage fraud
A broker earned five years in prison and needs to pay restitution for creating and submitting fraudulent records to lenders.

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Legislative Gossip
California's newest housing bills may impact residential landlord charges, commercial brokerage service licensing requirements and building strategies amid downturns.

California tiered home pricing

California tiered home pricing
Market freefall snapshot: Home prices range from 9% below the May 2022 peak in the low tier to a staggering loss of 12% in the mid and high tiers.