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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Wednesday, September 23, 2026
Top Stories
Home prices rise in August as buyers grow more selective
LIEZEL ONCE, Mortgage Professional America
The national median home sale price reached $395,000 in August even as sales volume declined and the number of available homes continued to expand. Home sales dropped 4.3% from a year earlier, while available inventory grew 5.4% over the same period.
Nearly All Mayors Say Residents Are Concerned About Housing Affordability
TRISTAN NAVERA, Real Estate News
Virtually every mayor polled in a recent survey said they're hearing affordability worries in their cities, according to a new U.S. Conference of Mayors poll. More than 96% of 113 mayors found residents are very or extremely concerned about affordability. And they were almost unanimous in saying that housing costs are the biggest factor.
National News
An Expensive Reckoning is Coming for Apartment Owners
CRAIG KARMIN, The Wall Street Journal (Subscription)
Apartment landlords face a bill of more than $1.8 trillion in debt over the next decade. From this year to 2028, about $757 billion of those loans are coming due, the most of any commercial real-estate sector.
MPF Expands Eligibility For Manufactured And Renovation Loans
CZARINNA ANDRES, National Mortgage Professional
Community banks and credit unions participating in the Mortgage Partnership Finance Program have gained additional ways to move affordable, manufactured-home, and renovation loans into the secondary market.
California News
California signs disaster forbearance law for mortgage servicers
REGIELYN SANTIAGO
Governor Gavin Newsom signed the California Mortgage Relief Act on September 15, 2026, creating a statewide forbearance framework for borrowers whose homes become uninhabitable after a federally declared disaster.
Home sales in Sacramento drop in August as prices rise, experts say
DON SWEENEY, The Sacramento Bee (Subscription)
Home sales in the four-county Sacramento area fell in July while prices remained stable. Statewide, closed escrow sales of existing, single-family detached homes in California rose 2.4% from July and increased 1.4% on a year-over-year basis.
Industry News
Report: Coming-soons sell for more than private, standard listings
LILLIAN DICKERSON, Real Estate News
As the debate over pre-market and private listings has ramped up, large companies with varying stakes in the game have released studies about how private listings perform compared to those that seek broad exposure by listing directly on the MLS from the outset.
Real Estate Technology
The Tech Real Estate Agents Rely on Most in 2026
MELISSA DITTMANN TRACEY, NAR Realtor
From ChatGPT to e-signatures, technology has become woven into the everyday business of real estate. The newly released 2026 REALTORS® Technology Report offers a closer look at what agents are actually using and what they want those tools to do for them.
Property News
Forged deeds, fake divorce: SF sues to claw back $4.4 million home
LIEZEL ONCE, Mortgage Professional America
A brazen attempt to steal a $4.4 million San Francisco mansion through a succession of forged deeds has ended in court. San Francisco City Attorney David Chiu filed a civil lawsuit this month against Brandon Aadee and Diana Peng, alleging a 13-month scheme to seize and resell the Sea Cliff property.
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