A shortage of willing sellers has sunk California’s for-sale inventory in 2023.
California’s for sale inventory: a symptom of seller reluctance in 2023
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Real Estate Matters
Keep abreast of the real estate industry in California with this expansive buffet of topics. This volume simplifies complex concepts to quickly update agents and brokers.
Stay current on the latest news, videos, forms, and updates for Real Estate Matters.
Latest Articles
UDAAP consumer mortgage protections extended to commercial financing
Existing regulations prohibiting unfair, deceptive, and abusive practices (UDAAP) in consumer mortgage financing now apply to the conduct of originators of commercial mortgage financing in California.
Unstable economic signals hold down new construction; Monthly Statistical Update (October 2023)
Job growth stalls; The stock market, in disregard of reality; Construction struggles to take off despite need for more housing
DRE Hot Seat: Broker license suspended for failure to prevent unlicensed staff from conducting licensed activity
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a broker who failed to adequately supervise the activities of his staff as his unlicensed assistants were contracting and negotiating with principals in real estate transactions.
Ethics in rendering broker price opinion (BPO) services
Lean to recognize when arrangements, situations, and relationships can give rise to conflicts of interest in the preparation of a broker price opinion (BPO);
DRE Bulletin Digest: Summer 2023
The Summer 2023 edition of the California Department of Real Estate (DRE) Bulletin includes licensee reminders about broker supervision, adjustable rate mortgages (ARMs) and trust funds.
Share your insight with the DRE — and earn free CE
The DRE wants to hear from practicing agents and brokers to help develop the latest version of the salesperson and broker state exams and is giving free CE as a thank you.
S&P 500: Stock pricing vs. earnings (P/E ratio)
An update on stock pricing and earnings.
DRE Hot Seat: Failure to report felonies and website advertisement blunders
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a broker who failed to report felony charges brought against them, advertised real estate services on their website while not in good legal standing with the Secretary of State, and failed to disclose required information in their website advertisements.
Errata & Updates
- Page 174: The first paragraph has been amended to read: If the deferred rent is not
paid as scheduled, the nonresidential landlord may file a UD action to evict the
tenant without serving another three-day notice.