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.
|
Copyright © , California Department of Real Estate
|
Thursday, October 15, 2026
Top Stories
Home Sellers Now Outnumber Buyers By 63%, the Biggest Gap Since the Post-Recession Housing Crash
DANA ANDERSON & ASAD KHAN, Redfin News
House hunters had more negotiating power in September than they’ve had since the housing market crashed after the 2008 financial crisis, with 63% more home sellers than buyers. The number of buyers in the market dipped to the lowest level in records dating back to 2013, while the number of sellers rose to its highest level since 2020.
Mortgage rates surge as housing demand cools: Economist
JEFF TUCKER, Inman (Subscription)
Higher mortgage rates are putting a chill on homebuyer demand, while inventory continues to grow. In this month’s Numbers to Know, we’ll look at what’s happening with jobs, inflation and interest rates and why buyers may have more options and negotiating power this fall.
National News
US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose
ALEX VEIGA, The San Diego Tribune (Subscription)
Sales fell 2.2% compared with September last year. The latest sales tally is slightly above the 3.98 million pace economists were expecting, according to FactSet.
New home sales hit weakest pace since 2020
LIEZEL ONCE, Mortgage Professional America
September mortgage applications for new home purchases fell, with first-time buyers absorbing the heaviest rate impact
California News
California’s Prop. 45 aims to speed construction projects. Opponents say data centers will benefit
LILA SEIDMAN, LA Times (Subscription)
Proposition 45 would speed environmental review for certain essential projects, supporters say, while opponents warn it could weaken protections.
San Francisco’s skyline, rezoned: What it could look like if new height limits are maxed out
JOHN BLANCHARD, HARSHA DEVULAPALLI, J.K. DINEEN, NAMI SUMIDA, LAURA WAXMANN, SF Chronicle (Subscription)
Pressed by a state law forcing cities to build housing, San Francisco this year passed the “Family Zoning” plan, a sweeping edict to allow taller buildings in places well-served by jobs, transit, retail, parks and community centers.
Here’s how new housing laws will affect Southern California
PHILLIP MOLNAR, The Orange County Register (Subscription)
There are new laws lowering fees for ADUs and making it easier to build townhouses
Industry News
The Fierce Battle to Control How Americans Buy and Sell Their Homes
KATHERINE CLARKE, The Wall Street Journal (Subscription)
Mega-brokerage Compass is taking more listings offline, sparking backlash from rivals who say the practice is upending decades of market transparency
MBA Pushes Lower Credit Fees, FHA Insurance Premiums
CZARINNA ANDRES, National Mortgage Professional
The affordability plan proposes single-file credit reports for borrowers with scores above 700, reduced GSE pricing charges, and a streamlined refinance option
Real Estate Technology
No stories today
Property News
No stories today
In Case You Missed It
No stories today
Resources, Webinars, and Other Items of Interest
No stories today
