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, November 9, 2026
Top Stories
California home insurance is poised for a drastic overhaul under Jane Kim. These are her plans
MEGAN FAN MUNCE, San Francisco Chronicle (Subscription)
Jane Kim intends to launch more investigations into insurers when consumers complain, to institute new profit ceilings on the industry and to punish insurers who delay paying claims. She also envisions a world in which wildfires are covered not by the private market, but by the state.
Home listings pile up in October, but sellers won’t slash prices
DIANA OLICK, CNBC
Homebuyers continue to retreat, but sellers are still digging in, refusing to cut prices or give up. As a result, September’s frozen housing market is now October’s frozen and increasingly bloated market.
National News
US condo sellers outnumber buyers at widest gap since 2013
LIEZEL ONCE, Mortgage Professional America
Redfin data shows 123% more sellers than buyers in September, giving mortgage brokers a fresh negotiating edge with clients
Mortgage Payments Rise 13% As Home Sales Slide: Zillow
NATIONAL MORTGAGE PROFESSIONAL STAFF, National Mortgage Professional
Zillow reports the steepest annual drop in newly pending home listings since 2023, adding pressure to an already weakening purchase market
California News
Is it politically possible to change California’s condo defect laws?
PHILLIP MOLNAR, The San Diego Union-Tribune (Subscription)
The state has a strict condo defect law designed to protect buyers, but it has put a chill on the condo construction market since its passage in 2002. Consumer advocate groups tend to defend the law strongly, but housing advocates want to see it changed.
Rents rise in 67% of Southern California cities
JONATHAN LANSNER, The Orange County Register (Subscription)
Southern California tenants are struggling to find falling rents. October’s numbers show landlords raising prices in 67% of Southern California cities.
‘It’s like Facebook again’: How AI IPOs could further upend the real estate market
CHRISTIAN LEONARD, San Francisco Chronicle (Subscription)
The deluge of wealth the artificial intelligence boom has brought into San Francisco has already pushed luxury home prices to record heights. Could things get even worse?
Brentwood police warn of rental property scam
RICK HURD, The Mercury News (Subscription)
Scammers have been using photos and information from real properties advertised on legitimate rental sites to run a rental property scheme on unsuspecting people, police said.
Industry News
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Real Estate Technology
California Sets Ground Rules for AI in Real Estate CE: Here’s What Agents Should Know
MARY ELIZABETH DEAN, The Sacramento Bee (Subscription)
A listing photo that has been digitally altered, and a listing description drafted in a few seconds, now sit in the same conversation for California agents. Speed is not the issue. Disclosure is.
Property News
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In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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