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
|
Wednesday, September 30, 2026
Top Stories
Mortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard
DIANA OLICK, CNBC
Mortgage rates surged even higher this week, to 7.58% on Tuesday, according to a separate survey from Mortgage News Daily. Mortgage demand is now at the lowest level in two years.
National News
Home prices outran inflation everywhere for 15 years. Now what?
LIEZEL ONCE, Mortgage Professional America
For 15 consecutive years, home prices in every one of the 50 largest US metro areas outpaced inflation — sometimes by a vast margin. A September report from Clever Real Estate, a nationwide discount real estate broker, confirms that streak is now breaking, and not uniformly.
California News
Why California's poverty rate is second only to Louisiana
BEN CHRISTOPHER, Cal Matters
A new analysis published by the Pew Charitable Trusts found that if California’s rents dropped to the national average, the state would slash its poverty rate by 30%. The child poverty rate would decline by 36%.
The Inland Empire was once a bargain. Now, rising home prices, coastal invasion bring anxiety
JACK FLEMMING, Los Angeles Times (Subscription)
Housing affordability has become a major concern across the Inland Empire, with more than 60% of residents in San Bernardino, Riverside and Kern counties calling it a big problem.
Battle over North Beach’s historic district takes new turn — with separate plans
LAURA WAXMANN, San Francisco Chronicle
In response to a broader proposal to establish a national historic district, Supervisor Danny Sauter proposed a much smaller, local district that would also focus on preserving historic buildings — but would, he said, keep more vacant lots, garages and other empty sites viable for development.
Industry News
Homeowners are sitting on record equity – and not using it
DIANA OLICK, CNBC
U.S. homeowners have more housing wealth than ever before, thanks to fast-rising home prices over the last several years -- but they aren’t spending much of it.
Central Valley man sentenced to more than 7 years in prison for a $10 million real estate fraud scheme
STAFF, United States Attorney's Office Eastern District of California
A Central Valley man was sentenced today by U.S. District Judge Jennifer L. Thurston to seven years and 10 months in prison for conspiracy to commit wire fraud, conspiracy to commit money laundering, and aggravated identity theft relating to his participation in a $10 million real estate fraud scheme
Real Estate Technology
No stories today
Property News
In One-Third of Major Markets, New Homes Cost Less Per Square Foot Than Existing Homes
KARA NG, Zillow Research
Newly built homes sell for a median of $205 per square foot nationally, below the $212 median for existing homes, a new Zillow analysis finds.
Indoor Cats Are Getting Outside, Thanks to ‘Catios’
ANNA STAROPOLI, The New York Times (Subscription)
Covered enclosures designed to allow felines to safely spend time outdoors, catios, or cat patios, were valued as a $1.12 billion industry globally in 2024, according to estimates from Growth Market Reports.
In Case You Missed It
No stories today
Resources, Webinars, and Other Items of Interest
No stories today
Resources, Webinars, and Other Items of Interest
No stories today
