Independent no more, brokers seek brokerage employment 2023 is seeing fewer independent brokers and more broker associates. Why are independent brokers becoming scarce?
SoCal commercial vacancy rates continue to rise in Q2 2023 Southern California's commercial market softened even further in the second quarter of 2023.
Mortgage Concepts: How to issue the Adverse Action Notice, Part 1 This video covers how an MLO discloses an adverse action when a mortgage is denied, instead of approved.
Mortgage Concepts: How to issue the Adverse Action Notice, Part 2 This Part 2 Mortgage Concepts video covers the disclosures required by the Fair Credit Reporting Act (FCRA) when a mortgage is denied.
DRE Hot Seat: Failure to disburse trust funds to the owner of funds The DRE disciplined a broker acting as a property manager for improperly withholding trust funds from the owners of the funds.
Form-of-the-Week: Preliminary Proposal and Exchange Agreement An agent uses RPI Forms 170 and 171 to propose an exchange of properties to another agent and to negotiate the exchange of properties.
Recent Case Decision: Sleep E-Z LLC v. Lopez May a landlord maintain a UD action against a tenant who temporarily leaves the property while an unnamed occupant continues in possession?
Los Angeles housing indicators Los Angeles' year-to-date 2023 sales volume is 33% below 2022 as of May 2023, and 40% below 2019, the last "normal" year for sales volume.
Orange County housing indicators Orange County's year-to-date 2023 sales volume is 31% below the prior year and a whopping 46% below 2019 as of May 2023.
Using the yield spread to forecast recessions and recoveries The yield spread inversion has the economic recession officially arriving in late-2023.
Trending mortgage rates The average 30-year FRM rate increased to 6.90% in the week ending August 4, 2023. The average 15-year FRM rate also climbed to 6.25%.
Real Estate Crossword Test your real estate fundamentals with the weekly firsttuesday Real Estate Crossword Puzzle. This week's challenge: Real Estate Participants.
RPI Form Updates
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