With the economy several months deep into the 2020 recession, this summer has seen surprisingly high competition from homebuyers.
Summer 2020’s unseasonably hot housing market
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Real Estate Practice
Master the forms needed most in brokerage services. This volume covers the agency, disclosure, and contract law concepts fundamental to your practice.
Our Real Estate Practice course meets SB 1495 requirements: Implicit Bias and Fair Housing.
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.
Newly published related content
Brokerage Reminder: Get paid by your buyer, not played
This week’s Brokerage Reminder breaks down the importance of the Buyer’s Listing Agreement and always getting everything stated in writing.
Additional refinancing fees delayed
The Adverse Market Refinance Fee has been delayed until December 2020, and interest rates sigh in relief.
Commercial lending plummets in 2020
The Mortgage Bankers Association (MBA) forecasts a 59% decline in commercial loan origination amounts in 2020 for a total of $248 billion.
Low interest rates have inflated prices, but the boost is coming to an end; Monthly Statistical Update (September 2020)
Sales volume’s magnetic pull on home prices; The mean price trendline: the home price anchor; The higher risk and lower purchasing power of a small down payment
Foreclosure moratorium extended by FHA, Fannie Mae, Freddie Mac
HUD and the FHFA have announced an extension of the foreclosure moratorium for single family homes through the end of 2020.
Brokerage Reminder: Prop 13 – transactions excluded from reassessment
This week’s Broker Reminder looks at Prop 13 and transactions excluded from reassessment.
Letter to the editor: Does RPI (Realty Publications, Inc.) provide COVID-19 forms?
RPI does not publish forms to be used specifically during the coronavirus (COVID-19) pandemic and endorses other practices to ensure a safe and timely transaction.
Brokerage Reminder: When in doubt, disclose – always!
Brush up on the Transfer Disclosure Statement and the importance of disclosing material facts to buyers and sellers.