Rental vacancies up from their low point; Insufficient multi-family construction; Homeowner vacancies flat-to-down
Low vacancies to spur more residential construction; Monthly Statistical Update (May 2018)
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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
PDFfiller’s antitrust suit survives first challenge by CAR
The fight over a healthy real estate forms market continues between the California Association of Realtors® (CAR) and PDFfiller, a paperless transaction management system (PTM) provider. California licensees win — for now.
The lull before the storm: 16 factors set to rise with interest rates
Understand how the market will be impacted by the coming era of rising interest rates.
Change the law: reestablish the DRE Code of Ethics
Our proposal to resurrect the California Department of Real Estate’s (DRE’s) Code of Ethics.
2018 tax changes
2018’s tax changes in California and beyond, explained.
Buyer purchasing power down as interest rates rise
The California Buyer Purchasing Power Index (BPPI) figure was -2.37 in March 2018.
POLL: How often are deals contingent on new financing killed by low appraisals?
This poll will close on April 23, 2018.
Wage increases remain steady, home prices rush on
Home prices have doubled since 2000. The same can’t be said about incomes.
Are U.S. real estate agents too inefficient?
This article examines the U.S. real estate agent fee structure and compares the U.S. fee structure to those in other countries.