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, September 22, 2026
Top Stories
Fed Hike Raises HELOC Costs While Mortgage Rates Stay Near 7%
CZARINNA ANDRES, National Mortgage Professional
The Federal Reserve’s first rate increase in more than three years will not affect every mortgage borrower the same way. HELOC borrowers face a direct increase tied to prime, depending on their contracts, while purchase and refinance borrowers remain exposed to a bond market still weighing inflation, energy prices, federal borrowing, and the prospect of additional Fed hikes.
Election 2026: Props 1 and 37 put $36 billion to California’s housing effort
ETHAN VARIAN, The Orange County Register (Subscription)
California voters will decide in November whether to authorize two multibillion-dollar housing bonds — one to help fund new affordable homes and another to help buyers afford down payments on newly constructed properties.
National News
A Record Buyer’s Market, Without Lower Home Prices
CZARINNA ANDRES, National Mortgage Professional
Redfin counted 58% more sellers than buyers in August, but national home prices still increased as equity-rich owners resisted steep discounts
California News
S.F. digs out from avalanche of property tax appeals
ALYCE McFADDEN, San Francisco Chronicle (Subscription)
San Francisco is slowly clearing a mountain of applications from landlords looking to lower their property tax bills, after city officials scrambled to address the “unprecedented workload” over the last few years.
Why L.A. developers aren’t building more apartments, despite epic housing shortage
JACK FLEMMING, LA Times (Subscription)
Los Angeles is desperate for housing, yet multifamily values have plunged nearly 30%. Developers say building new apartments no longer pencils out as higher interest rates, expensive fees and L.A.’s “mansion tax” erase profits.
Industry News
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Real Estate Technology
Nearly half of Americans comfortable with AI mortgage decisions
LIEZEL ONCE, Mortgage Professional America
Consumer comfort with artificial intelligence in the mortgage process has reached a meaningful threshold. Nearly half of Americans, or 49.2%, are now comfortable with AI approving or denying a mortgage application, according to a new survey by Lower, a mortgage lender based in Columbus, Ohio.
Agents branching out from generative AI as adoption grows
DAVE GALLAGHER, Real Estate News
Real estate agents are getting more comfortable using artificial intelligence tools in their businesses, and many are planning to use them in additional ways over the next year.
Property News
1887 Victorian estate tied to the origins of UC Davis on the market
DAVID CARACCIO, Sacramento Bee (Subscription)
Before UC Davis became a university, land around 2727 Russell Blvd. was part of Arlington Farm, the LaRue family’s roughly 2,060-acre agricultural enterprise. The family’s Eastlake Victorian — built in 1887 by H.M. LaRue and later the headquarters of the family farm — is now on the market for $2.8 million.
October Is the Best Time For Homebuyers to Score a Deal in These Major U.S. Metros
CELIA FERNANDEZ, Redfin News
October is the best time for homebuyers to score a deal in 16 major U.S. metro areas, including many places in the Midwest and on the East Coast.
In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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