2018’s tax changes in California and beyond, explained.
2018 tax changes
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Real Estate Finance
Develop your understanding of the relationship between mortgage holders and owners through a review of notes, trust deeds, and their provisions and foreclosure procedures.
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Buyer purchasing power down as interest rates rise
The California Buyer Purchasing Power Index (BPPI) figure was -2.37 in March 2018.
2018 ballot initiatives seek to amend California’s Proposition 13
Two ballot measures are attempting to make their way onto the 2018 ballot to transform the tax measure.
POLL: How often are deals contingent on new financing killed by low appraisals?
This poll will close on April 23, 2018.
Wage increases remain steady, home prices rush on
Home prices have doubled since 2000. The same can’t be said about incomes.
Low savings, personal bankruptcies and the biggest brokerages; Monthly Statistical Update (April 2018)
Savings are at their lowest since before the recession; Personal bankruptcies near their bottom; California’s growing brokerages
Change the law: require agents to disclose known tax information
Our proposal to mandate agent disclosure of known tax consequences of a transaction.
The votes are in: majority rules MID doesn’t raise home prices
Most of our readers aren’t sold on the inflationary effects of the MID.
Despite recovery talk, home sales are stuck; Monthly Statistical Update (March 2018)
Demand for homeownership remains weak; Home sales volume stuck, for now; Construction limps along
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.