Nationally, 52% of homes reached a pending status within two weeks of listing as of the first week of February 2021.
Homebuyers are shaping up to be even more competitive in 2021
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Economic Trends in California Real Estate
Learn the 25 economic factors that drive California’s real estate market.
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Recent updates to the course e-book
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
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What do the latest consumer sentiment numbers tell us about future home sales?
Rent-to-own sees dollar signs amid recession
First-time home shoppers are finding entry into California’s real estate market near impossible amid the 2020 Recession and pandemic. Rent-to-own businesses help bridge the gap between renting and owning by offering homeownership to buyers who are unable to secure...
California dead last for domestic migration
California is consistently at the bottom when it comes to attracting new residents from out-of-state.
First-time homebuyers and new housing
Young homebuyers are expected to give residential construction a boost in the coming years.
California underwater homeowner numbers to increase
Underwater homes were at their bottom in 2020.
A durable real estate market is built on personal income growth; Monthly Statistical Update (February 2021)
As other economic measures improve in 2021, individual Californians struggle with lost income; For Californians to again achieve income equality, California’s GDP needs reallocation to our workforce; Introducing the SOFR for ARMs, the replacement for the corrupt LIBOR
New law to protect low-income tenants from back-rent avalanche
While SB 91 provides important protections for low-income tenants, firsttuesday proposes to grant anti-accrual protections to more tenants suffering hardship, much like the anti-deficiency protections granted to California homeowners.
Cash sales plummeted in 2020
Record-low interest rates and a tumultuous housing market resulted in very few cash buyers in 2020.