The California Buyer Purchasing Power Index (BPPI) figure rose to +10.1 in September 2019.
Q3 2019 Buyer Purchasing Power Index rises as interest rates fall
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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
Change the law: Require arbitrators to report real estate law violations by licensees
first tuesday proposes all arbitrators be required to report violations of real estate law by California licensees to the DRE.
National survey of real estate agents exposes agent challenges
Redfin’s survey of U.S. real estate agents covers topics from sales numbers to incomes to client demographics.
Homeownership demographics struggle; Monthly Statistical Update (September 2019)
The homeownership decline hits young homeowners hardest; Student loan debt holds back homeownership for the young; Negative immigration to continue chipping away at home sales
Letter to the editor: When can a finder’s fee be paid to someone who is unlicensed?
Before paying a finder’s fee, follow these guidelines to ensure the fee is lawfully earned and paid.
Migration influences California’s housing market
A drop in negative net migration occurred in California in 2018.
Infrastructure, climate risks are biggest issues facing real estate today
The annual Counselors of Real Estate survey reveals the biggest issues on the minds of real estate professionals.
The votes are in: Showings are often influenced by fee split
Readers chime in on whether the fee split they receive influences whether they show a property to their client.
Interest rates favor buyers for now, signal recession to come; Monthly Statistical Update (August 2019)
FRM interest rates now cheaper than ARMs; Buyer Purchasing Power rises in 2019; Negative yield spread forecasts recession