Real Estate | firsttuesday Journal

California home sales volume in 2022 began the purge of pandemic distortions

by Carrie B. Reyes | Feb 1, 2023 | Economics, Home Sales, Real Estate, Recessions | 0

The number of homes sold in December 2022 was a devastating 44% below a year earlier.

DRE Hot Seat: Mortgage loan originator (MLO) knowingly takes fraudulent NMLS course

by Amy Perry | Feb 1, 2023 | Fundamentals, Licensing and Education, Mortgages, Real Estate, Your Practice | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a broker who knowingly took a fraudulent course for their mortgage loan originator (MLO) license endorsement, violating the student Rules of Conduct and licensing requirements of state and federal law.

NIMBYs judge low-income housing by its sound — and judge wrong

by Ashley Collins | Jan 30, 2023 | Real Estate | 0

Not-in-my-backyard (NIMBY) advocates have wagged their fingers and pounded their fists at low-income housing construction, certain it will diminish nearby home values — but that’s simply not true.

California home sales volume

by ft Editorial Staff | Jan 30, 2023 | Charts, Home Sales, Market Watch, Real Estate | 101

Home sales volume is falling back in 2022.

Counteroffers to Promote Clarity

by ft Editorial Staff | Jan 30, 2023 | Feature Articles, Real Estate, Video | 0

This video analyzes the proper preparation and use of a counteroffer form, which avoids the ethical implications of defacing a previously signed document.

Newly licensed sales agent and broker population

by ft Editorial Staff | Jan 30, 2023 | Charts, Licensing and Education, Real Estate | 0

This article examines the number of broker and sales agent licenses issued by the DRE from 1998-present, with forecasts about future licensing trends.

Property exchanges when Cash is King

by Carrie B. Reyes | Jan 27, 2023 | Feature Articles, Investment, Real Estate, Recessions, Tax | 0

Agents who want to stay a step ahead during the housing market downturn will become versed in property exchanges.

Lacking interest rate support, home sales volume crumbles heading into 2023; Monthly Statistical Update (February 2023)

by ft Editorial Staff | Jan 27, 2023 | Charts, Feature Articles, Market Watch, Monthly Statistical Update, Real Estate, Video | 0

A bird’s eye view on destabilizing mortgage rates; Homebuyers with less money to spend, spend less; Home sales volume flops as sellers resist repricing

New construction doesn’t always mean more homes to go around

by Carrie B. Reyes | Jan 27, 2023 | Economics, Home Sales, Real Estate | 0

One-in-five new SFRs are built on the site of teardowns – a loss for inventory gains.

Trending mortgage rates

by ft Editorial Staff | Jan 27, 2023 | Charts, Economics, Finance, Interest Rates, Market Watch, Real Estate | 23

Where are mortgage rates now? Check out our weekly interest rate update to track the latest market rates.

Negative equity and foreclosure

by Carrie B. Reyes | Jan 27, 2023 | Economics, Feature Articles, Mortgages, Real Estate, Recessions | 0

When does strategic default make sense for a negative equity homeowner?

The rental housing trends of 2022 are carried forward into 2023

by Ashley Collins | Jan 26, 2023 | Real Estate | 0

2022 is so last year — but a few rental housing trends in 2022 are well worth noting for this year.

Mortgage Concepts: The LIBOR to SOFR Transition

by ft Editorial Staff | Jan 26, 2023 | Real Estate | 0

This Mortgage Concepts video breaks down the LIBOR scandal and why lenders have transitioned to SOFR.

The rise and fall of real estate brokers and agents

by ft Editorial Staff | Jan 26, 2023 | Charts, Licensing and Education, Real Estate | 36

This article analyzes the historical population of active DRE licensees, with discussions and forecasts about future licensing trends.

DFPI Bulletin Digest: January 2023

by ft Editorial Staff | Jan 23, 2023 | Licensing and Education, Mortgages, Real Estate | 0

The January 2023 DFPI Bulletin Digest focuses on license renewals, crypto regulation and CCFPL rulemaking.

How real estate agents put artificial intelligence to work

by Amy Perry | Jan 23, 2023 | Fundamentals, Real Estate, Your Practice | 1

An agent’s use of artificial intelligence to automate their work might seem like science fiction. But with recent breakthroughs in machine learning, that fiction has quickly become reality for tech-savvy agents.

Property Management 101

by Carrie B. Reyes | Jan 23, 2023 | Charts, Feature Articles, Property Management, Real Estate | 1

Read on for a summary of California property management laws and best practices.

Agreement to Make Certain and the Element of Duration

by ft Editorial Staff | Jan 23, 2023 | Feature Articles, Real Estate, Video | 0

Marking a boundary line orally, in writing or by the conduct of the neighboring owners; Statute of limitations requiring adjacent owners to resolve a boundary dispute within five years, unless substantial loss will be caused by the movement of the agreed boundary to the true lot line.