This article examines the number of broker and sales agent licenses issued by the DRE from 1998-present, with forecasts about future licensing trends.
Newly-licensed sales agent and broker population
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.
Recent updates to the course e-book
- 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
Newly published related content
FARM: Commercial Postcard
Use this firsttuesday FARM Letter in your marketing. To request a FARM letter topic, or to see a list of all our FARM letter templates, visit our FARM Letter page. [su_button url="http://journal.firsttuesday.us/wp-content/uploads/FARM-Letter-Template-User-Guide.pdf"...
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.
The widening level of vacant commercial space available in SoCal — Q1 2025
SoCal’s commercial real estate market on entering 2025 is fully destabilized with industrial vacancy rates elevated across all SoCal markets and office vacancy rates even higher.
Form-of-the-Week: Tenant Representation Agreements and Renewals — Forms 105.1, 105.2, 105.1A and 105.2A
The tenant representation agreement employing a broker to acquire a leasehold interest in a property is the leasing equivalent to the buyer representation agreement to acquire a fee interest.
MIP, PMI or neither?
Which is better for first-time homebuyers reliant on mortgage insurance: MIP or PMI?
SoCal commercial vacancy rates moving on up in Q4 2024
Commercial vacancy rates rose after 2023 and continue to rise in Southern California. While increasing vacancies cut into rental income and leasing fees, the absorption rate is worsening and shifting the source of leasing fees. Regions with the highest vacancy rates see the most occupancy of vacant space.
Form-of-the-Week: Purchase Agreement — For Other than One-to-Four Residential Units — Form 151
A buyer broker uses RPI Form 151 when preparing an offer to purchase income-producing real estate, excluding one-to-four unit residential property.
SoCal commercial property struggles linger on in Q3 2024
In each quarter in 2024, all SoCal markets experienced increasing vacancies.