The Buyer Purchasing Power Index (BPPI) rose to +10.5 in the second quarter of 2020.
Press Release: Q2 2020 Buyer Purchasing Power Index rises due to historically low interest rates
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Real Estate Principles: Video™
A dynamic and multimedia collection of fundamental real estate concepts – step into the future of learning.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles: Video™
Recent updates to the course e-book
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
Despite historically low sales volume, homes are flying off the market
Homebuyers, eager to take advantage of record-low interest rates, are buying up homes quickly.
Commercial real estate is reeling
Commercial property sales were at their lowest level in a decade in May 2020.
Young adults flock back to the nest — how long will they stay?
A new generation of adults are now living at home.
Forbearance requests rise while access to mortgage credit falls
The MBA’s Mortgage Credit Availability Index has fallen sharply, now 32% below the November 2019 peak.
Brokerage Reminder: Kickbacks – the unlawful referral fee
A bad habit to kick Although kickbacks — the practice of accepting referral fees from third-party service providers like title insurers or mortgage lenders — are prohibited under the Real Estate Settlement Procedures Act (RESPA), they continue to be one of the most...
Jobless rate jumps and tenants are still making rent — for now
California landlords are in a precarious position in 2020.
Declining jobs mark a hold-cash phase in 2020; Monthly Statistical Update (July 2020)
Jobs lost puts a face on the 2020 recession; Stock market highs and lows as mostly momentum, not data based; Real estate investments are tangible and location counts — just not in 2020
Brokerage Reminder: Disbursement of funds when a transaction fails
Keep yourself informed about the rules surrounding disbursement of funds held in escrow after a failed transaction.