This article summarizes California’s housing market in 2019 and forecasts where housing is heading in the year ahead.
2019 in review and a forecast for 2020
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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
Why pocket listings harm buyers, sellers and agents
The pitfalls of exclusive pocket listings outweigh the limited benefits.
Change the law: Prohibit trade union membership for DRE commissioners
The DRE needs to focus on its goal to safeguard consumers rather than protect CAR’s interests
Rising refinances give MLOs a boost despite slowing sales; Monthly Statistical Update (December 2019)
Home sales volume down in 2019; Refi’s jump with interest rate decrease; MLO population declines in 2019
Look back to look forward: California’s past and future housing cycles
View California’s current housing cycle alongside the Millennium Boom.
Change the law: Require real estate team leaders to hold a broker license
first tuesday proposes that team leaders be required to be licensed brokers, who have more education and typically more experience than sales agents.
POLL: Are real estate agents permitted to give their clients advice on the tax aspects of a transaction?
This poll will close on November 25, 2019.
Interest rates at an unequal bottom; Monthly Statistical Update (November 2019)
Fixed rate mortgage (FRM) rates decline; Adjustable rate mortgage (ARM) rates decrease, not enough; Economic expectations see Treasury rates bottom
Are agents being short-changed by the big broker system?
This article discusses the few pros and many cons to how agents are classified and operate in the workforce.