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, August 19, 2026
Top Stories
New Housing Law Boosts Prospects for Factory-Built Homes
LILY BELLE POLING, Wall Street Journal (Subscription)
Homes built in factories have long been stuck at the fringe of the U.S. housing market. Now, supporters are cheering a new federal housing law that should make it easier and cheaper to build modular and manufactured homes. The new law aims to slash some of the red tape associated with both these alternative housing types.
Credit-Score Choice Is Becoming Part Of The Mortgage Sales Pitch
CZARINNA ANDRES, National Mortgage Professional
One-third of consumers said they would actively seek another mortgage lender if they learned their current lender relied exclusively on older credit-scoring models that do not incorporate broader payment histories, according to new research released Tuesday by Experian.
National News
Cash Purchases of New Homes Fall to Lowest Share Since 2007
JESSE WADE, Eye on Housing
New home sales rose in the second quarter but were lower than a year ago, according to the U.S. Census Bureau New Residential Sales release. The share of homes purchased with conventional financing remains high, while the share purchased with Federal Housing Administration (FHA) financing rose to its highest level since early 2021. The share of new homes purchased with cash fell to its lowest share since 2007.
Pending Home Sales Fall as Rates Reach Yearly High
HANNAH JONES, Realtor.com
Pending home sales eased 2.3% in July as geopolitical tensions resurfaced, pushing oil prices to their highest level since May and putting upward pressure on mortgage rates and inflation. Contract signings also fell year-over-year, dropping 2.2% compared to last July as rates climbed more than 20 basis points through the month, eroding some of the year-over-year affordability advantage that had quietly been supporting buyer activity all spring.
California News
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Industry News
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Real Estate Technology
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Property News
Abandoned Homes in Baltimore Are Now Being Fought Over in Bidding Wars
NICHOLAS G. MILLER, Wall Street Journal (Subscription)
For decades, Baltimore owed the intractability of its vacant housing crisis to simple economics: It cost more to rehab a vacant home than that renovated home could be sold for. Once-stately row homes became crumbling shells, lowering property values, sparking fires, drawing crime and discouraging investment.
In Case You Missed It
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