Close the racial homeownership gap — but not in 2023 Legislation offering homeownership opportunities as a national housing policy when prices are just past an historic peak — not a good look.
DRE Licensee Profile: Q1 2023 RPI's quarterly DRE Licensee Profile is available for the first quarter of 2023. Real estate licensing and renewal trends with a forward application into 2024.
Mortgage Concepts: California Residential Mortgage Lending Act (CRMLA) Part 1 This video covers the California Residential Mortgage Lending Act and distinguishes between a CFL and an MLO.
Mortgage Concepts: California Residential Mortgage Lending Act (CRMLA) Part 2 Part 2 of this video reviews CFL and MLO licensing by the California DFPI, and applying to be an individual MLO with the NMLS.
Below value appraisals are uncommon — but they are more likely in minority neighborhoods New data shows homes are more likely to be appraised below the contract price when in minority neighborhoods.
Risk management practices by the sellers agent in a declining market In times of softening home prices, the sellers agent will need to make sure they provide the buyer with complete disclosures. Here are the reports you don't want to skip.
Form-of-the-Week: Option and Exercise of Option to Renew/Extend a Lease A landlord uses RPI Form 565 to extend or renew a lease and a tenant uses RPI Form 566 to request the lease extension or renewal.
Recent Case Decision: Whitlach v. Premier Valley, Inc. May an agent employed as an independent contractor (IC), when also employed as a sales manager for a broker, avoid the exclusion of their IC agent activities from Labor Code protections?
Recent Case Decision: West Pueblo Partners, LLC v. Stone Brewing Co. Is a commercial tenant excused from paying rent during a pandemic when a lease agreement includes a force majeure provision?
Trending mortgage rates The average 30-year FRM rate fell back to 6.78% in the week ending July 21, 2023. The average 15-year FRM rate also decreased to 6.06%.
Popular: Mortgage payments jump — misguided buyers driven to overpay Buyers remain undeterred by rising interest rates, still-high home prices and slowing sales.
Real Estate Crossword Test your real estate fundamentals with the weekly firsttuesday Real Estate Crossword Puzzle! This week's challenge: Valuation.
Vote on it
RPI Form Updates