COVERAGE INFORMATION:
California Department of Real Estate (DRE) NEWS CLIPS service coverage:
Monday through Friday (except state holidays) each week includes electronic format articles retrieved from newspapers or news services that report real estate related news in California and some national services. Coverage is for California newspapers that are available electronically via the Internet - and any significant related breaking news.
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Copyright © , California Department of Real Estate
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Tuesday, August 11, 2026
Top Stories
US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers
MATT OTT, San Diego Union-Tribune (Subscription)
WASHINGTON (AP) — Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in a year prove to be an insurmountable hurdle for many prospective homebuyers.
Wildfire Smoke Fears Affecting Homebuyer Decision-Making
JAMIE GOLD, Forbes
Wildfire smoke, now a nationwide threat, impacted 100 million Americans from Canadian blazes. This growing problem, fueled by more frequent and intense fires, is shifting homebuyer priorities. Real estate professionals report increased demand for advanced air filtration, purification systems, and robust HVAC in homes, as buyers prioritize indoor air quality and long-term comfort.
National News
Homeowner equity hits new high even as underwater mortgages rise
DAVE GALLAGHER, Real Estate News
Mortgage holder equity reached $18 trillion in June, but a growing share of borrowers in Texas and Florida are either underwater, behind on payments, or both.
Fix-and-flip market shows signs of strain as mortgage rates climb
JONATHAN DELOZIER, HousingWire (Subscription)
A 40- to 50 basis-point jump in mortgage rates during the second quarter has weighed heavily on fix-and-flip demand, according to the latest Fix and Flip Market Index from John Burns Research & Consulting and Kiavi.
California News
Almost nowhere in California is building enough, according to the state. Here’s why
BEN CHRISTOPHER, CalMatters
Every eight years, state housing regulators give cities and counties across California an especially dreaded homework assignment: Make a plan for a bunch of new homes. But as the production numbers show, it’s one thing to plan and another to build.
California, Texas and Florida Lead $279 Billion U.S. Remodeling Market in 2026
MICHAEL GERRITY, World Property Journal
California, Texas and Florida accounted for more than one-fifth of U.S. remodeling activity in the first quarter of 2026, underscoring the outsized role of the nation's largest housing markets even as higher costs and interest rates begin to weigh on spending growth.
Industry News
UWM Seeks More Than $500M From Two Harbors After Failed Deal
CZARINNA ANDRES, National Mortgage Professional
UWM Holdings Corp. and UWM Acquisitions 1 LLC sued Two Harbors in federal court Monday, seeking more than $500 million and alleging breach of contract and fraud in connection with the collapse of the companies’ original $1.3 billion merger. The lawsuit lands just days after UWM disclosed how expensive that collapse became.
Real Estate Technology
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Property News
They wanted to add an ADU next to their midcentury L.A. home. The cost soared to $600,000
LISA BOONE, Los Angeles Times (Subscription)
In Northeast Los Angeles, a frugal couple set out to add a modest ADU to their midcentury home, only to see costs soar from $300,000 to nearly $600,000.
In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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