In early 2025, low-tier priced housing has the lowest level of inventory available for sale or rent.
California’s for-sale inventory growth: buyer caution rises faster than owner need to sell
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Real Estate Principles
Prepare for the most critical issues you’ll encounter in your first years of practice.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles.
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
Letter to the Editor: Why are addendums from other publishers not published by Realty Publications, Inc.?
A provision in the purchase agreement achieves the same objective as a separate addendum with paragraphs of legal jargon. The difference: our forms are engineered simple.
Climate risk: the open secret MLS users won’t talk about
Climate risk information hurt sales — so the MLS lobbied to take them down.
Your fee agreement, a purchase agreement, the breaching buyer
Follow the steps of a buyer agent from representation agreement to closing on a buyer’s acquisition of property and recognize a buyer’s breach of the purchase agreement.
Market condition analysis in a broker price opinion
Agents preparing a BPO ignore price trends at their peril.
California tiered home pricing
Home prices continued to decline across California in July 2025.
A house without character: The paradox of California’s geography
California has the largest disparity in price between new and resale homes, presenting a unique opportunity for buyer brokers able to access a builder’s inventory for their buyer-clients.
Golden state population trends
California population shifts since 2000 sheds light on how current migration trends impact residential rentals and sales.
Down payment download: Now this is ownership
Competent brokers and agents educate buyer-clients on the acquisition process into down payment consequences, transaction costs and ownership expenditures.