California home sales volume down slightly in 2019; Home prices level off going into 2020; Construction declines in 2019, despite rising demand
Slowing sales and unmet housing demand; Monthly Statistical Update (March 2020)
read more
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
California’s appraiser population is declining rapidly
The number of licensed appraisers in California is the lowest since the BREA began recording the appraiser population in 1993.
The votes are in: Name recognition is an important part of choosing a brokerage to work for
Readers weigh in on whether name recognition factors into seeking employment with a brokerage.
Residential construction strains to meet population growth; Monthly Statistical Update (January 2020)
California construction still insufficient; First-time homebuyer population grows, homeownership slows; California’s population growing at a slowing pace
The redundancy of the Agent Visual Inspection Disclosure (AVID)
Why doesn’t RPI Forms publish a version of the Agent Visual Inspection Disclosure (AVID)?
Buyer Purchasing Power Index rises in Q4 2019 with falling interest rates
first tuesday’s 2020 forecast shows buyer purchasing power decreasing in the coming months.
They: Evolving language in the world of real estate
Merriam-Webster selected “they” as 2019’s word of the year. How does this apply to the world of real estate?
2019 in review and a forecast for 2020
This article summarizes California’s housing market in 2019 and forecasts where housing is heading in the year ahead.
Why pocket listings harm buyers, sellers and agents
The pitfalls of exclusive pocket listings outweigh the limited benefits.