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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Friday, October 30, 2026
Top Stories
DRE Bulletin Digest: Summer 2026
LILY HART, firsttuesday Journal
The California Department of Real Estate (DRE) in their Summer 2026 Real Estate Bulletin directs the attention of licensees towards suspicious sellers, audits, and when brokers need an MLO license endorsement.
Weekly Housing Trends: U.S. Market Update (Week Ending Oct. 24, 2026)
JIAYI XU, Realtor.com
This week’s housing data reflects a market increasingly weighed down by renewed rate pressure. With mortgage rates topping 7%, hesitation is spreading across both sides of the market — buyers are pulling back, leaving homes to sit longer and unsold listings to accumulate, while sellers grow equally reluctant to list.
National News
The average 30-year US mortgage rate dips to 7.24%, the lowest level in more than a month
ASSOCIATED PRESS, San Diego Union Tribune (Subscription)
The benchmark 30-year fixed-rate mortgage fell to 7.24% from 7.32% last week, mortgage buyer Freddie Mac said Thursday.
MBA: Mortgage Payments Climb Despite Smaller Loan Amounts
NATIONAL MORTGAGE PROFESSIONAL STAFF, National Mortgage Professional
September's $53 increase ended three months of payment relief, with affordability deteriorating in 39 states
Fed Pauses Interest Rate Hikes for Now as Key Midterm Elections Loom
KEITH GRIFFITH, Realtor.com
Federal Reserve policymakers have put interest rate hikes on pause for now, as they wait to assess further data on inflation and the strength of the economy.
California News
Home prices drop in 42% of Orange County
JONATHAN LANSNER, Orange County Register (Subscription)
Across Orange County, 42% of local ZIP codes saw their median home price decline in the past year, according to Attom.
Safeway Marina developer accuses opponents of ‘weaponizing’ civil rights law
LAURA WAXMANN, San Francisco Chronicle (Subscription)
The developer behind the controversial plan to build 848 new homes on top of a Safeway store near San Francisco’s waterfront is accusing neighborhood opponents of using civil rights law as a “weapon” to keep new housing out of the low-rise Marina neighborhood.
City prepares to evict Mission Bay Sports Center
JENNIFER VAN GROVE, San Diego Union-Tribune (Subscription)
A long-running disagreement between the city of San Diego and a Mission Bay watercraft rental company over private event use and rent has escalated to the point of the tenant’s possible eviction.
Industry News
Commission settlement accounts hold $711M as claim payouts await (EXCLUSIVE)
AJ LATRACE, Inman (Subscription)
$711 million. That’s how much money was held in accounts associated with the sweeping real estate commission antitrust settlements as of Sept. 30, according to newly filed federal court documents offering a fresh look at the money from the nationwide agreements.
Real Estate Technology
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Property News
‘I Sold a Real-Life Haunted House’
MELISSA DITTMANN TRACEY, NAR Realtor News
These real estate agents prove they can even sell a house with a few skeletons in the closet.
The Grand Plan to Build America’s Most Expensive Neighborhood Is Collapsing
KATHERINE CLARKE, The Wall Street Journal (Subscription)
Scott Gillen’s decadelong plan to build an ultraexclusive Malibu enclave is in jeopardy after entities tied to the developer filed for bankruptcy amid an ongoing battle with his partner
In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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