Home sales volume is falling back in 2022.
California home sales volume
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Buying Homes in Foreclosure
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Newly licensed sales agent and broker population
This article examines the number of broker and sales agent licenses issued by the DRE from 1998-present, with forecasts about future licensing trends.
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Agents who want to stay a step ahead during the housing market downturn will become versed in property exchanges.
Lacking interest rate support, home sales volume crumbles heading into 2023; Monthly Statistical Update (February 2023)
A bird’s eye view on destabilizing mortgage rates; Homebuyers with less money to spend, spend less; Home sales volume flops as sellers resist repricing
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The rise and fall of real estate brokers and agents
This article analyzes the historical population of active DRE licensees, with discussions and forecasts about future licensing trends.
Property Management 101
Read on for a summary of California property management laws and best practices.
Letter to the editor: How do I tell the difference between a business and consumer mortgage?
Knowing the difference between the two will help MLBs identify more streams of income during the recession.
Form-of-the-Week: Annual Property Operating Data Sheet (APOD) and Tenant Estoppel Certificate (TEC) — Forms 352 and 598
An agent representing an owner of tenant-occupied property uses RPI Forms 352 and 598 to induce buyers or lenders to purchase the property and assure no competing claims exist from tenants.
Errata & Updates
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465