In early 2025, low-tier priced housing has the lowest level of inventory available for sale or rent.
California’s for sale inventory growth: waning buyer enthusiasm
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California Mortgage Lending
Learn the core concepts of consumer and business mortgage lending and brokering.
Stay current on the latest news, videos, forms, and updates for California Mortgage Lending.
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Trending mortgage rates
Where are mortgage rates now? Check out our weekly interest rate update to track the latest market rates.
MIP, PMI or neither?
Which is better for first-time homebuyers reliant on mortgage insurance: MIP or PMI?
Los Angeles housing indicators
View these Los Angeles regional charts for details on current activity and forecasts for its housing market.
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.
California home sales volume
What’s a broker to do until home sales volume takes off?
California tiered home pricing
Home prices falter across the metropolitan areas of California at the end of 2024.
Foreclosed out homeowners not to be contacted for 90 days regarding surplus funds
An owner entitled to surplus funds remaining from the foreclosure sale of their residence are chased by individuals attempting to make claim on the surplus funds. Now these surplus fund chasers are barred from contacting the owners for 90 days after the trustee’s deed is recorded to better protect California homeowners in a vulnerable position.
Jobs move real estate
Track the single most influential factor on California’s real estate market: the number of people employed.
Errata & Updates
- Chapter 3: The Agency Law Disclosure. The updated statutory Agency Law Disclosure and confirmation provision went into effect the beginning of 2019. Both the content of the form and when it is to be used have been modified. Further, prior printings indicate the Agency Law Disclosure is not required on a lease with a term exceeding one year. However, lease transactions greater than one year are targeted transactions requiring the disclosure. For a thorough analysis of the new disclosure and confirmation practices, see the digital eBook version of the book.
- Chapter 72: Home mortgage interest deductions. The definition for principal residence on page 472 is partially obscured. It should read “The residential property where the homeowner resides a majority of the year.”
- Quiz 3 Question 3 has been simplified to read:
California anti-discrimination law is enforced by:
a. the Department of Business Oversight (DBO).
b. the Department of Fair Employment and Housing.
c. the Department of Housing and Urban Development (HUD).
d. Fannie Mae.