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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Monday, March 23, 2026
Top Stories
How common is home inheritance in California? These areas see the highest rates
CHRISTIAN LEONARD, San Francisco Chronicle
For some who can’t afford a home in California, all they have to do is wait.
In Monterey, Santa Cruz, Napa and Marin counties, more than 1 in 4 homes that changed hands in 2025 were inherited, not purchased. That was far higher than the statewide rate of 16%, which itself was double the national figure.
National News
Mortgage Rates Forecast For 2026: Experts Predict Whether Rates Will Keep Dropping
ASHLEY HARRISON, Forbes
Mortgage rates spent much of 2025 parked in the upper-6% range, held in place by persistent inflation pressures and a cautious Federal Reserve. That began to shift late in the year as the Fed signaled it was ready to ease policy. Rates slipped ahead of the September 2025 rate cut, the first of the year, and then drifted lower again before the October meeting and continued their gradual decline as markets anticipated further action.
California News
CA homes for $199K? Where to find low prices as Iran war creates ‘uncertainty’
ANGELA RODRIGUEZ, The Sacramento Bee
Rising tensions in the Middle East are pushing up gas prices and could soon drive higher grocery costs nationwide. Now, those ripple effects are beginning to reach California’s housing market, according to real estate experts.
Scott Wiener passed laws that made it easier to build in California. Can he do the same in Congress?
BEN CHRISTOPHER, CalMatters
In the shaded courtyard of a San Francisco affordable housing complex in early March, California’s most prolific Yes In My Backyard legislator rolled out his congressional campaign’s new housing platform.
For Sen. Scott Wiener, it was all very on brand.
Flanked by union construction workers, campaign volunteers and some of the YIMBY advocates who have been on “Team Wiener” since his days on the city’s Board of Supervisors, Wiener ticked through the housing policy highlights. The package was a mix of hyperambitious spending proposals — the type that rarely make it beyond campaign literature — wonky left-of-center objectives and a raft of the kind of pro-development, deregulatory proposals upon which Wiener has built his political reputation.
Are condos the answer to Downtown Fresno’s housing hopes? ‘One piece of the puzzle’
ERIK GALICIA, The Fresno Bee
Could condominiums be key to the downtown Fresno population boom city leaders are hoping for? Downtown developers say it has been difficult obtaining the financing they need to start building apartments in the area. But a bill proposed in California’s legislature would make it more feasible for developers to build condominiums, commonly called condos — the for-sale apartment-style homes that have long been considered an affordable option for first-time homebuyers.
Industry News
The strategic pivot: How real estate agents are reinventing themselves as housing advisors
JONATHAN DELOZIER, Housing Wire
For decades, the real estate agent’s workflow was a predictable rhythm; list a single-family home, host an open house, guide a buyer through financing and close the deal.
That rhythm is changing on many fronts.
In its place is a new reality defined by younger prospective homebuyers hitting affordability walls, a supply chain choked by frozen inventory and technology that’s quietly automating the profession from the inside out.
At the heart of current market dysfunction is a simple scarcity of homes.
Real Estate Technology
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Property News
Newly split state agency on homelessness, housing takes Capitol Mall office lease
Mark Anderson, Sacramento Business Journal
A state agency splitting in two resulted in a new lease at a prominent Capitol Mall high-rise office building. The new lease, although a relatively small one at 11,000 square feet, also shows the premier office buildings on Capitol Mall are outperforming other office properties in Downtown Sacramento. Last year as part of a restructuring, Gov. Gavin Newsom ordered the California Business, Consumer Services and Housing Agency to turn into two agencies: the California Business and Consumer Services Agency and a new, more focused California Housing and Homelessness Agency.
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