The BPPI was -7.97 in Q4 2018, indicating buyers were only able to borrow 7.97% less than a year earlier due to rising interest rates.
Press release: negative Buyer Purchasing Power Index continues in Q4 2018
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
New laws update real estate disclosures in California
AB 1289 has made several changes to real estate disclosure requirements, effective January 1, 2019.
Timing the market in 2019; Monthly Statistical Update (December 2018)
Home prices hit their peak in Q3; Falling yield spread signals next recession; Today’s sell phase near its end
The votes are in: Undisclosed referral fees are unlawful kickbacks
Our readers consistently agree undisclosed fees paid to brokers and agents for referring clients to home warranty companies constitute unlawful kickbacks. The consensus is damning but unsurprising. Brokers and agents know kickbacks — the practice of accepting referral...
Letter to the editor: Reactivating an expired license
Question: How can I reactivate my license after it has expired? Answer: The process for reactivating an expired California Department of Real Estate (DRE) license is similar to that for becoming licensed for the first time, with a few key differences. All California...
POLLS: Title companies and brokerage name recognition
These polls will close on December 17, 2018.
Price-to-rent ratio soars in California
Costs are rising more quickly for homebuyers than renters in 2018.
Change the Law: The DRE should auto-exempt eligible 70/30 licensees
The DRE needs to streamline the 70/30 exemption process.
First-time homebuyer uncertainty hinders construction, home sales; Monthly Statistical Update (November 2018)
Home sales volume to end year below 2017; Construction rises — too slowly; First-time homebuyers waiting in the wings