Residential vacancy rates – along with jobs and residential construction – declined rapidly in 2020.
California’s low residential vacancy rates signal more construction
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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: When termite damage is discovered during an inspection, who pays for the repairs?
Any repairs are negotiable between buyer and seller, including repairs of termite damage.
First-time homebuyers and new housing
Young homebuyers are expected to give residential construction a boost in the coming years.
California underwater homeowner numbers to increase
Underwater homes were at their bottom in 2020.
DRE Real Estate Bulletin Digest Winter 2020/21
This quarter’s DRE Bulletin Digest focuses on the impact of COVID-19 on licensing and enforcement.
The spirit of compliance: Career Compass sets itself against CAR and the DRE
Read about The Career Compass’s ongoing battle with the DRE and CAR, highlighting the need for the DRE to foment competition and compliance equally among all course providers — including CAR.
A durable real estate market is built on personal income growth; Monthly Statistical Update (February 2021)
As other economic measures improve in 2021, individual Californians struggle with lost income; For Californians to again achieve income equality, California’s GDP needs reallocation to our workforce; Introducing the SOFR for ARMs, the replacement for the corrupt LIBOR
Letter to the editor: When applying for a broker license, what steps need to be taken when an employing broker will not certify the experience requirement?
When an employing broker is unavailable to certify a broker license applicant’s experience, the applicant may use an alternative method of verifying experience.
Income inequality harms California’s housing market
Income inequality is catching up with California’s economy, stifling household formation and dragging down the housing market.