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, July 13, 2026
Top Stories
US home sales pace nears an 11-year low
JONATHAN LANSNER, Orange County Register (Subscription)
Historically speaking, the 4.1 million sales nationwide in the 12 months ending in April were the slowest purchasing pace in almost 11 years. And it was 6% below the 22-year average. The cooldown’s main culprit is pricing, as the nation’s median sales price hit a new record high in April. That $370,559 price tag barely topped the old high of $370,331 set in June 2025.
How states are responding to data center risk on housing
SPENCER LEE, National Mortgage News
As AI growth brings surging demand for data center capacity, pushback is appearing noticeably among state lawmakers hoping to put on the brakes and keep residents from bearing financial burdens that come with the current boom.
National News
Insurance Costs Now Part Of Home Affordability Challenge
JEFFREY STEELE, Forbes
Home insurance premiums are skyrocketing, increasing 24% since 2021, significantly outpacing inflation and income growth. This surge makes homeownership increasingly unaffordable, with insurance now representing about 9% of average monthly mortgage payments.
California News
San Francisco has surpassed New York on this key housing metric
CHRISTIAN LEONARD, San Francisco Chronicle (Subscription)
San Francisco renters faced the tightest market of any U.S. city tracked by rental platform Apartment List in June. Just 2.2% of multifamily units on the platform were vacant — about 1 in 50 — compared with 7.2% nationally.
Rents drop in 60% of Southern California. Where are the big discounts?
JONATHAN LANSNER, Orange County Register (Subscription)
If you’re looking for a rental deal, tenants can find discounts in 60% of Southern California cities. Across the region, the typical rent dropped 0.4% over the past year. Median rents now sit at $1,921 for a one-bedroom and $2,359 for a two-bedroom.
Industry News
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Real Estate Technology
HouseCanary’s bold vision for its Google listings expansion
MEGHAN ROOS, Real Estate News
The AI-powered brokerage wants to “work with every MLS” to get “every single home that’s for sale” on Google, a company executive said in a recent webinar.
Property News
Legendary Television City may be sold in further blow to Hollywood
ROGER VINCENT, Los Angeles Times (Subscription)
Television City, one of the most famous studios in the entertainment industry where generations of TV shows have been created, is expected to hit the market again as its owner grapples with debt. It’s the latest sign of distress in Hollywood as the film and TV industry struggles from a sharp falloff in production activity across Southern California.
In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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