recession | firsttuesday Journal

Financial risk is high in these California metros

by Carrie B. Reyes | Nov 22, 2023 | Economics, Finance, Real Estate, Recessions | 0

In terms of financial safety, most California metros rank low, with the housing market to blame.

California home sales volume: downturn solidifies in September 2023

by Carrie B. Reyes | Nov 15, 2023 | Economics, Home Sales, Real Estate, Recessions | 0

California home sales volume in September 2023 was down 14% from the prior month — and down 20% from a year earlier.

Using the yield spread to forecast recessions and recoveries

by ft Editorial Staff | Oct 23, 2023 | Charts, Interest Rates, Mortgages, Real Estate, Recessions | 36

The yield spread indicates the likelihood of a recession or recovery one year forward.

No one wants to sell — does that mean the renovation revolution is here?

by Carrie B. Reyes | Sep 5, 2023 | Economics, Real Estate, Recessions | 0

Would-be renovators are finding themselves wedged between a rock and several hard places.

Price cuts moderate during spring bump, with more to come

by Carrie B. Reyes | Aug 14, 2023 | Economics, Home Sales, Real Estate, Recessions | 0

Any seller confidence gained during spring’s meager seasonal boost is premature.

Form-of-the-Week: Preliminary Proposal and Exchange Agreement — Forms 170 and 171

by Amy Platero | Aug 7, 2023 | Finance, Forms, Real Estate, Tax | 0

An agent uses RPI Forms 170 and 171 to propose an exchange of properties to another agent and to negotiate the exchange of properties.

California home sales volume: June 2023 sees an end to seasonal bump

by Carrie B. Reyes | Jul 31, 2023 | Economics, Home Sales, Real Estate, Recessions | 0

Year-to-date, sales volume is a fee-crushing 31% below 2022 as of June 2023.

Press Release: Despite steady gains, Q2 2023 Buyer Purchasing Power Index still negative

by Carrie B. Reyes | Jul 2, 2023 | Economics, Interest Rates, Real Estate, Recessions | 0

The typical mortgaged homebuyer is able to borrow 11% less purchase-assist mortgage money than a year ago due to higher interest rates alone.

Home equity declines since June 2022

by Amy Platero | Jun 23, 2023 | Economics, Real Estate, Recessions | 0

California homeowners lost an average of $60,000 in equity over the past year.

California home sales volume: Spring housing demand evaporates as price drop pauses

by Carrie B. Reyes | Jun 5, 2023 | Economics, Home Sales, Real Estate, Recessions | 0

For the second year in a row, California home sales volume peaked early, falling back in April 2023.

MLO Recession Side Hustle Guide [e-book]

by ft Editorial Staff | May 19, 2023 | Feature Articles, Mortgages, Real Estate, Recessions, Your Practice | 0

Learn how mortgage origination providers will survive the ongoing downturn in mortgage originations with this RPI ebook.

California home sales volume inches forward in March 2023

by Carrie B. Reyes | May 5, 2023 | Economics, Home Sales, Real Estate, Recessions | 0

After a year of steadily decreasing sales, California home sales volume is struggling without a rebound in 2023.

California home sales volume broke another decade low in January 2023

by Carrie B. Reyes | Mar 1, 2023 | Economics, Home Sales, Real Estate, Recessions | 1

California home sales volume started 2023 with the lowest numbers since the Great Recession.

Verify seller’s property disclosures: retain a home inspector

by Carrie B. Reyes | Feb 27, 2023 | Feature Articles, Real Estate, Your Practice | 0

How a buyer confirms the disclosure of property conditions – and how the buyer may require the seller to correct defects, adjust the sales price, or recover costs after closing.

Stagflation woes put California’s housing market on alert

by Carrie B. Reyes | Feb 23, 2023 | Economics, Forecasts, Real Estate, Recessions | 0

Will stagflation rear its ugly head again in 2023, pushing the housing market deeper into recession?

The many pitfalls of pocket listings

by Carrie B. Reyes | Feb 20, 2023 | Buyers and Sellers, Feature Articles, Home Sales, Real Estate, Your Practice | 0

The risky business of pocket listings are dangerous for sellers, buyers — and brokers.

A home inspection report: the liability shield for a seller’s broker

by Carrie B. Reyes | Feb 16, 2023 | Buyers and Sellers, Feature Articles, Laws and Regulations, Real Estate, Your Practice | 0

A home inspection report is used by a seller’s broker to shift the risks of non-disclosure liability in their use of a seller’s Transfer Disclosure Statement.