Read about the legislative changes and economic shifts which impacted real estate professionals during 2022 – and our forecast for 2023.
California real estate: 2022 in review and a forecast for 2023
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Due Diligence and Disclosures
Get the most for your clients and protect your hard-earned fee by reviewing the forms you’ll encounter in brokerage services. Stay current on the latest news, videos, forms, and updates for Due Diligence and Disclosures.
Recent updates to the course e-book
Chapter 2: The MLS environment. 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. For a
thorough analysis of the new disclosure and confirmation practices, see the
January 2019 article, What you need to know about the refreshed – and mostly
improved – Agency Law Disclosure.
Chapter 32: The breaching buyer’s responsibilities. The first subhead on page
350 should read “Interest depends on property use.”
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
New California law clarifies real estate disclosure requirements
California’s legislature has clarified disclosure requirements for real estate professionals.
DFPI Bulletin Digest: December 2022
The December 2022 DFPI Bulletin focuses on new state laws for 2023, license renewal and escrow reports.
Mortgage Concepts: Section 32 restrictions, Part I
Click play to review the mortgage terms and features Regulation Z prohibits in Section 32 loans.
New laws revise eligibility requirements for foreclosure bidders
As California home prices continue to fall heading into 2023, more and more homeowners owe more on their mortgage principal balance than their home’s equity.
As mortgage interest rates rise, concessions return
Buyers looking to recoup lost purchasing power are dusting off old strategies to secure a more comfortable monthly mortgage payment.
Pandemic-era buying spree plunges homebuyers from minority groups underwater
The recent homebuying wave coincided with the worst time to buy — at the top of the housing cycle.
New California law adjusts DRE broker equivalent experience requirement
New experience requirements for prospective brokers seeking a license.
Unused commercial space continues to convert into much-needed apartments
California’s housing shortage has a new source of aid: conversions from commercial property to much-needed multi-family units.