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
|
Friday, November 13, 2026
Top Stories
The average US 30-year mortgage rate falls to 7.11% this week, its fourth straight decline
ASSOCIATED PRESS, The San Diego Union-Tribune (Subscription)
The average long-term U.S. mortgage rate fell for the fourth straight week, offering more relief for prospective home shoppers at a time when many have put off buying a home due to elevated home loan borrowing costs and prices.
What happens when real estate agents have split allegiances?
BEN CHRISTOPHER, Cal Matters
A Sonoma County lawsuit alleges that one of northern California’s largest real estate brokerages shunted buyers into “dual agency” contracts.
National News
Building Material Price Inflation Remains High Despite Energy Price Declines
JESSE WADE, National Association of Home Builders
The Producer Price Index for final demand was up 0.3% in October, after rising 1.4% in September. Compared to a year ago, final demand prices were up 6.5%.
U.S. Condo Sellers Outnumber Buyers 2 to 1 in September
MICHAEL GERRITY, World Property Journal
The U.S. condominium market is experiencing one of its sharpest reversals in more than a decade, with sellers outnumbering buyers by 123% in September, creating an increasingly favorable negotiating environment for prospective purchasers.
California News
SoCal commercial market headwinds continue in Q3 2026
AMY PLATERO, firsttuesday Journal
Without better numbers, vacancy rates and net absorption in the third quarter of 2026 for Southern California commercial real estate spell trouble while an official recession remains undeclared, much like during the Vietnam conflict.
California voted for a $25 billion mortgage assistance program. Will it help Bay Area renters become homeowners?
NATALIE HANSON, The Mercury News (Subscription)
California voters have greenlighted up to $25 billion in bonds to fund second mortgages that are intended to help more renters become homeowners and spur new home construction.
540,000 Southern California mortgage-holders are equity millionaires
JESS LAZERSON, The Orange County Register (Subscription)
Mortgage-holding homeowners with more than $1 million in home equity are considered equity millionaires. The U.S. has 2.4 million mortgaged homeowners who now fit this distinction.
Inside San Diego’s push to double new homebuilding and tame rents
SARAH WHEELER, Housing Wire
San Diego Mayor Todd Gloria has made housing the central focus of his administration, using executive orders, staffing and process changes to cut permit times for affordable and transit-oriented projects to an average of nine days and roughly double annual housing production.
Industry News
HUD Renews Social Security Data-Sharing Framework for FHA Loans
CZARINNA ANDRES, National Mortgage Professional
The 18-month agreement takes effect Dec. 3 and covers identity verification for borrowers and non-borrowing spouses, including responses when identifying information fails to match federal records
Real Estate Technology
No stories today
Property News
Renters comfortably affording a house would need a $14,408 raise to buy one (October Rent Report)
KARA NG, Zillow Research
A household that can comfortably afford to rent a single-family home would need a $14,408 annual raise to afford the monthly costs of owning a home.
San Diego’s Little Italy on the cusp of a residential building boom
PHILLIP MOLNAR, The San Diego Union-Tribune (Subscription)
Little Italy has more proposed apartment projects than anywhere downtown, which could transform one of San Diego’s oldest neighborhoods.
In Case You Missed It
No stories today
Resources, Webinars, and Other Items of Interest
No stories today
