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.

Monday, August 10, 2026

Top Stories

U.S. Mortgage Rates Rise for Fifth Week as Iran War Adds to Inflation Pressure

MICHAEL GERRITY, World Property Journal
U.S. mortgage rates continued to climb this week, adding pressure to homebuyer affordability as the housing market adjusts to elevated borrowing costs and renewed inflation risks stemming in part from the war involving the U.S. and Iran.

National News 

DOJ, Rocket ready to talk settlement in appraisal bias case

ANDREW MARTINEZ, National Mortgage News (Subscription)
Rocket Mortgage, federal prosecutors and other parties in a complaint say they're ready to discuss potentially wrapping up a Biden-era appraisal bias lawsuit. The sides filed a joint motion for a settlement conference last week, seeking to discuss a possible resolution to the case in front of a Colorado federal judge.

Multifamily Developer Confidence Weakens in Second Quarter

ERIC LYNCH, Eye on Housing
Multifamily developer sentiment is currently constrained by regulatory barriers and difficulty obtaining financing. The recently enacted 21st Century ROAD to Housing Act should provide some relief with respect to these challenges, but these policies will take time to implement. Meanwhile, rental housing demand is being supported by improving job growth during the second quarter of 2026.

California News

The Bruising Race to Rent in San Francisco Goes Into Overdrive

KATHERINE BINDLEY, WILL PARKER, Wall Street Journal (Subscription)
San Francisco’s housing market was already a demolition derby for renters. The artificial-intelligence boom has pushed the bruising race for housing into overdrive—a lack of supply is colliding with sky-high AI salaries.

S.F.’s controversial housing rezoning is now in effect. Where are all the projects?

J.K. DINEEN, San Francisco Chronicle (Subscription)
Seven months after it was approved, Family Zoning, which the planning department has rebranded “Housing Choice San Francisco,” has arrived with more of a whimper than a bang, with seven proposed projects that would add fewer than 40 housing units to the city’s pipeline.

Industry News 

Inside Compass’ bid to conquer home search

MIKE ROMANO, The Real Deal (Subscription)
Six months after Compass closed its acquisition of Anywhere Real Estate, Robert Reffkin is setting his firm’s sights on controlling where buyers begin their home search. By next spring, Reffkin expects roughly 80 percent of listings across Compass and the former Anywhere brands to debut on Compass.com before appearing elsewhere.

Real Estate Technology 

Real estate’s consolidation wave is coming for proptech

BROOKLEE HAN, HousingWire (Subscription)
“Brokerage consolidation creates real risk for the large established proptech vendors at the top of the market, where there will be fewer buyers with greater negotiating leverage,” Russ Cofano, a co-founder of Alloy Advisors, said. “Consolidating firms will also likely have a corporate mandate to consolidate their technology platforms, creating a clear headwind for vendors.”

Property News 

What Mortgage Borrowers Should Know About Corporate Relocation Home Sales

MARYALENE LA PONSIE, USNews and World Report
Corporate-owned homes offer the opportunity to purchase property from a motivated seller, but homebuyers should be aware of the caveats. While the mortgage process is generally the same, buying a corporate-owned home can involve different timelines, contracts and negotiations than a traditional home purchase.

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