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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Thursday, October 29, 2026
Top Stories
The New Challenge For Apartment Managers: Proving Listing Photos Are Real
PATRICK SISSON, Bisnow
Following a surge in AI-altered listing photos, multifamily owners and brokers are scrambling to prepare for a new generation of disclosure laws designed to protect renters from misleading marketing.
Fed Holds Rates, But Pricing Pressures Persist
NATIONAL MORTGAGE PROFESSIONAL STAFF, National Mortgage Professional
Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December
US economy surges in Q3, lifting mortgage market outlook
LIEZEL ONCE, Mortgage Professional America
Third-quarter GDP beat forecasts as AI investment and consumer spending fuel the fastest expansion since 2025
National News
Home sellers are lowering their price and helping buyers to make a deal in a stagnant market
ALEX VEIGA, Los Angeles Times (Subscription)
Not long ago, a homeowner in America might reasonably wager they could sell their home fairly quickly, and for more than their asking price. That’s unlikely to be a winning bet now.
Home prices fall and rents rise, both for the first time in three years
DIANA OLICK, CNBC
High mortgage rates and concern over the broader economy have taken their toll on the housing market, freezing sales for the last few months. Now those issues are having an impact on home prices and rents.
California News
10 weeks free rent? Lackluster San Diego rental market has deals
PHILLIP MOLNAR, The San Diego Tribune (Subscription)
A substantial increase in the number of new apartments, in San Diego and the nation, was cited by experts as the reason for the slowdown in rent growth. San Diego County built 6,927 apartments in 2025, which was the highest in 25 years of data.
Prop. 37 explained: Can a $25 billion bond make homeownership in California attainable?
BEN CHRISTOPHER, Chico News & Review
A clever solution or a confusing gimmick? Like it or hate it, almost everyone has questions about Proposition 37. Here are a few of the big ones — with the best available answers.
Industry News
Zillow settles investor lawsuit linked to iBuying for $212.5M
LUCY COHEN BLATTER, Inman (Subscription)
Five years after pulling the plug on its iBuying program, Zillow Offers, the Seattle-based company has reached a $212.5 million settlement with shareholders who claimed they were defrauded into buying Zillow shares at inflated prices because company leaders painted an overly positive picture of the direct-to-consumer homebuying program.
Real Estate Technology
Real estate’s biggest problem isn’t the appraisal. It’s the wait.
BORIS SANCHEZ, HousingWire
The industry keeps debating whether machines should value property. The expensive question is why anyone has to wait weeks for a first number
Property News
Interior Designers Brace for Higher Prices as California Weighs Quartz Ban
RACHEL WHARTON, The New York Times (Subscription)
California is expected to ban the use of quartz later this year, after increasing concerns that it causes severe lung disease in the workers who cut and shape it.
Where will San Francisco flood this winter? Experts flag the trouble spots
SAUL PINK, San Francisco Chronicle (Subscription)
Experts and city officials paint a bleak picture: flooding along the Embarcadero possibly reaching the road; water inundating low-lying areas from Marina Green to Fisherman’s Wharf to Mission Bay; Ocean Beach “mostly underwater;” and heavy rainstorms causing storm drains to back up.
New Home Sales Declined in September as Builders Focused on Inventory Management
KENNY LEE, Zillow.com
As homebuilders delay new construction, the number of new homes on the market fell 2.3% year over year to 476 thousand homes in September — marking the 11th consecutive month of annual decline. Inventory adjustment has been a counterbalance to cooler inventory.
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