California landlords are in a precarious position in 2020.
Jobless rate jumps and tenants are still making rent — for now
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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
Declining jobs mark a hold-cash phase in 2020; Monthly Statistical Update (July 2020)
Jobs lost puts a face on the 2020 recession; Stock market highs and lows as mostly momentum, not data based; Real estate investments are tangible and location counts — just not in 2020
Brokerage Reminder: Disbursement of funds when a transaction fails
Keep yourself informed about the rules surrounding disbursement of funds held in escrow after a failed transaction.
Spotting appraisal deficiencies
Knowing the common appraisal deficiencies can help you successfully rebut a low appraisal.
Tips for buying and selling during the sight-unseen era
Buyer’s and seller’s agents will find themselves working harder and more creatively during these socially distant times.
California further extends DRE licensing, exam, continuing education deadlines
On June 15, 2020, Governor Newsom granted another 60-day extension for California Department of Real Estate (DRE) licensees and exam applicants.
Residential rent growth slows dramatically
The U.S. annual rent growth rate in April was the slowest since the end of 2017.
Housing insecurity was an issue in California long before COVID-19
Here in California, reliable access to housing has long been an issue as rental and homeowner inventory have failed to keep up with demand from our rising population.
Letter to the editor: When may a broker receive a fee for assisting a client in an out-of-state real estate transaction?
The answer depends on the state within which the property is located.