Sales volume after 2023’s puny seasonal bounce; Sales volume is weakening, but a recovery lurks; MLS inventory flatlines, buyers and sellers wait
Sales volume trends, from a weak year; Monthly Statistical Update (December 2023)
read more
Buying Homes in Foreclosure
Become an equity purchase investor hero. Stay current on the latest news, videos, forms, and updates for Buying Homes in Foreclosure.
Latest Articles
Federal multi-family building incentives for California builders
The Inflation Reduction Act (IRA) adds several incentives for builders and multi-family property owners making energy efficient improvements.
As mortgage rates rise, so must property prices retreat; Monthly Statistical Update (November 2023)
https://vimeo.com/880610858 The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. This month, we’re covering: ARM rates, which remain useless to buyers seeking to increase their...
Form-of-the-Week: LLC Operating Agreement — Self-Directed IRA and Single Member — Forms 372-3, 372-4 and 372-5
An investor uses RPI Forms 372-3, 372-4 and 372-5 when forming an LLC, either as a self-directed IRA or as a single member.
UDAAP consumer mortgage protections extended to commercial financing
Existing regulations prohibiting unfair, deceptive, and abusive practices (UDAAP) in consumer mortgage financing now apply to the conduct of originators of commercial mortgage financing in California.
Unstable economic signals hold down new construction; Monthly Statistical Update (October 2023)
Job growth stalls; The stock market, in disregard of reality; Construction struggles to take off despite need for more housing
Is a month-to-month commercial tenant operating an agricultural business protected against an unlawful detainer (UD) action based on a notice to quit when rent is not delinquent?
65283 Two Bunch Palms Building LLC v. Coastal Harvest II, LLC
S&P 500: Stock pricing vs. earnings (P/E ratio)
An update on stock pricing and earnings.
2023’s real estate market trends influence all participants; Monthly Statistical Update (September 2023)
2023’s downturn still undeclared; Despite year-over improvement, buyer purchasing power remains low; Saving rates creep higher as consumers rein in spending
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