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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Friday, August 14, 2026
Top Stories
Sales Surged 7% in July, But Leading Indicators Point to a Slower Second Half
MISCHA FISCHER, Zillow Research
Home sales surged 7% in July, the strongest annual gain seen so far this year, according to the Zillow July Market Report. But a closer look takes some air out of that headline figure. Newly pending listings are up just 0.3% year over year, suggesting July may represent the peak of what we can expect for the rest of the year.
Housing investors say this is their worst market in at least 3 years
DIANA OLICK, CNBC
Investors in the single-family housing market are increasingly concerned about interest rates, rising insurance and home costs, and the ongoing war with Iran. As a result, they are less confident in their businesses than they have been in at least three years.
National News
Homebuilder Says It’s ‘Incredibly Difficult’ To Profit From a Traditional Starter Home
JULIE GERSTEIN, Realtor.com
Homebuilders are grappling with rising materials and labor costs, and that many costs are fixed regardless of the size of a home—squeezing margins on smaller floor plans.
The mortgage myth keeping middle-income renters on the sidelines
LIEZEL ONCE, Mortgage Professional America
A faulty understanding of mortgage requirements may be keeping more Americans out of the housing market than home prices themselves, according to new survey data that lays bare a stubborn perception gap among moderate-income renters.
Red States Are Racing to Roll Back Property Taxes
SANIA HADIYA RASHID, WILL PARKER, The Wall Street Journal (Subscription)
Voters in several states are about to have a chance to rein in surging property tax bills. The ballots and bills are largely coming in Republican-led states, in some cases as part of political platforms in state-level races. The rollbacks are generating pushback from local government officials who say they will lose vital revenue needed for everything from schools to paying firefighters.
California News
Mayor Lurie comes out against S.F. affordable housing measure: ‘Unaccountable slush fund’
J.D. MORRIS, San Francisco Chronicle (Subscription)
Mayor Daniel Lurie is teaming up with the San Francisco police and firefighter unions to oppose a tax measure on the November ballot that seeks to steer more money to affordable housing.
‘I love the work that's being done here.’ Fresno State opens first housing since late 60s
ISRAEL CARDONA HERNANDEZ, KVPR Fresno-Bakersfield
On Tuesday, Fresno State held a grand opening ceremony for the first new housing project at the campus since the late 1960s. The new complex will add to existing housing options for students. A small single suite rounds to $8,869 per year for 2026-2027 academic year. The new complex will open at the start of the fall semester on Aug. 24.
Industry News
Opendoor makes ‘aggressive’ move with $158M share buyback
MEGHAN ROOS, Real Estate News
Opendoor today announced that it is repurchasing some of its own stock, a move the iBuyer framed as a nod to the volatility of its share price and a benefit to shareholders. This marks the first time Opendoor has initiated a share buyback in its nearly six years as a publicly traded company.
Real Estate Technology
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