National headlines are celebrating recent large job additions, but the full story is much more complex.
While unemployment bounces, permanent job losses mount
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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
Guidance for the LIBOR transition
The time is now for financial institutions to begin planning the transition away from the LIBOR.
California sets lofty housing goals for the decade ahead
The California Department of Housing and Community Development (DHCD) recently approved its regional housing goals for the coming decade.
Press Release: Q2 2020 Buyer Purchasing Power Index rises due to historically low interest rates
The Buyer Purchasing Power Index (BPPI) rose to +10.5 in the second quarter of 2020.
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...