California Supreme Court holds the insurer is not liable for lockdown income loss.

Remember the days of 3% mortgage rates? As a relieved nation emerged from the Covid-19 pandemic in 2021, along with it came those historically low average mortgage rates below 5.00%, 4.00% or even sub-3.00%. But as inflation began to increase so too did mortgage rates, rising to nearly 8.00% in 2023 and 2024, their highest…The post Lender Data Shows Refinance Offers Have Increased 42% Nationwide Over the Last Year appeared first on RISMedia.

California's homeowner turnover rate is the lowest its been in at least 30 years, showing just how frigid California's housing market is in 2024.

How are consumers feeling overall, and how does that translate to a real estate sale? The question is multifaceted, but asking it could be key to learning where buyers stand as the election fast approaches. The consumer sentiment index indicated yet another rise, for the third consecutive month, per the University of Michigan’s survey of…The post Consumer Sentiment Rises Slightly for the Third Consecutive Month appeared first on RISMedia.

Grab your buttered popcorn for the two-part firsttuesday Halloween Special covering the disclosure of a death on a property. You’ll scream — you’ll laugh — you’ll learn!

Equinix LLC v. County of Los Angeles Facts: A buyer acquires commercial real estate subject to a lease with a remaining term of less than 35 years. The tenant is responsible for payment of property taxes due during the lease. The county assessor reassesses the property on the transfer of ownership, resulting in an increase […]

Always enter into a written employment agreement with the buyer

Always enter into a written employment agreement with the buyer using RPI Forms 103.1A and 103.2A. Renew or extend the retainer period with RPI Form 103.1B or 103.2B.

Home prices are flatlining across California's metropolitan areas at the end of 2023.

This is the second episode of our new video series covering homestead protections – help owners distinguish between the benefits afforded under an automatic homestead or a recorded declaration of homestead.

A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale?  Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This monthly change comes in below expectations; median…The post Consumer Sentiment Shifts From Gains to Slight Decline appeared first on RISMedia.

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

Maintaining client relationships means hopefully selling them another house in the future, and representing them as the seller agent as well. As such, it’s imperative you guide them in all aspects of homeownership even in times when they are not buying or selling. One key topic is refinancing. Here are four mortgage refinancing mistakes to…The post 4 Mortgage Refinancing Errors Your Longtime Clients Must Avoid appeared first on RISMedia.

Maintaining client relationships means hopefully selling them another house in the future, and representing them as the seller agent as well. As such, it’s imperative you guide them in all aspects of homeownership even in times when they are not buying or selling. One key topic is refinancing. Here are five mortgage refinancing mistakes to…The post 5 Mortgage Refinancing Errors Your Longtime Clients Must Avoid appeared first on RISMedia.

This is the first episode of our new video series covering how to advise a homeowner on whether they qualify to voluntarily sell and protect the equity in their residence from creditor seizure.

With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest report. This is the second consecutive month of increase, following August’s rise of 1.5 points,…The post Consumer Sentiment Turns Positive as Inflation Slows appeared first on RISMedia.

Track the single most influential factor on California's real estate market: the number of people employed.

With new California legislation, it's now mandatory practice for a buyers broker to enter into an employment agreement with buyer clients before a purchase agreement is submitted.

This form is used by a buyers agent when presently retained under a Buyer-Broker Representation Agreement by entities seeking to acquire an interest in a property, to extend the period of representation.

This form is used by a buyers agent when employed by an entity as its sole agent, to render services necessary to acquire property.