More jobs and pay needed to support today’s home prices; Monthly Statistical Update (August 2021)
California home prices soar; Jobs begin their long recovery; Homebuyer purchasing power to level, removing support for increasing prices
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Category: Real Estate
Mortgage delinquencies see first year-over-year decline since the 2020 recession, with a caveat
The overall delinquency rate for U.S. residential mortgages experiences its first year-over-year decrease despite serious delinquencies rising.
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Landlords, tenants in the dark about Emergency Rental Assistance
A recent survey shows many landlords and tenants are still unaware of federal rental assistance.
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Tax Benefits of Ownership: inflation, appreciation, and taxes
The following excerpt is from the current edition of Tax Benefits of Ownership, which gives an...
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The votes are in: How does California’s slowing population growth impact the housing market?
A majority of readers believe California’s decreasing population will have a negative effect on housing.
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Word-of-the-Week: Waste
The intentional destruction or neglect of property which diminishes its value.
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Investors are diving back into real estate
This “splurge surge” has impacted asset prices of all types, including real estate.
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Eminent Domain, the Power to Tax and Escheat
A deeper dive into California’s four main constitutional powers
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POLL: How has investor demand to buy property changed this year?
How has investor demand to buy property changed this year? Investor demand has increased. Investor...
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The 2020 recession was the shortest ever — but its effects continue in the housing market
The economic recession ended after two short months in April 2020, but the economy is still fragile.
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Housed or homeless, zoning affects all
After years of pressure from the housing market’s supply-and-demand imbalance, California’s housing crisis has reached a breaking point.
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Form-of-the-Week: Property Inspection – Buyer’s Request for Repairs and Final Walk-Through Inspection – Forms 269 and 270
RPI Forms 269 and 270 request a seller to correct property defects and observe that property conditions are the same as reported.
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DRE Hot Seat: DRE to be notified of disciplinary action by another licensing entity or authority of the state
This article is part of an ongoing series covering violations of real estate law. Here, the DRE revoked the California real estate license of a broker who failed to notify the DRE within 30 days of disciplinary action from another licensing entity.
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Current market rates
Where are mortgage rates now? Check out our weekly interest rate update to track the latest market rates.
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Brokerage Reminder: Recruit and retain for long term success
A weekly reminder to stay on top of your practice from first tuesday’s in-house broker!
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Career Coach: choosing the right broker
As a newly licensed California Department of Real Estate (DRE) sales agent, your first use of the...
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Agents: supplement your income by assisting clients with ADU creation
Agents with an eye for profit can take advantage of the ADU surge happening in California while also helping their community add much-needed units.
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California home sales volume lays low
Home sales volume is expected to decrease later in 2021.
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