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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Thursday, November 20, 2025
Top Stories
Homebuyer affordability improves for fifth straight month as payments drop in October
LIEZEL ONCE, Mortgage Professional America
Homebuyer affordability improved across the board in October, with the national median mortgage payment declining to $2,039 from $2,067 the prior month, according to the Mortgage Bankers Association's Purchase Applications Payment Index.
The Housing Strategy That Has California NIMBYs in a Corner
CONOR DOUGHERTY, New York Times (Subscription)
For years, the state has been nudging its cities to build housing to address a severe shortage. Maybe what they needed was a shove.
National News
US homes sales rose in October as homebuyers seized on declining mortgage rates
ASSOCIATED PRESS, San Diego Union-Tribune (Subscription)
Sales of previously occupied U.S. homes increased last month to the fastest pace since February as lower mortgage rates helped pull more homebuyers into the market.
The Housing Affordability Crisis Is Accelerating Fastest in Rural America
LILY KATZ, ASAD KHAN, Redfin News
Rural America has been hit by a one-two punch of rising home prices and lagging incomes, and as a result has seen housing affordability erode faster than big cities and suburbs.
California News
Governor’s actions and local efforts push permit approvals for LA fire recovery forward at rapid pace
OFFICE OF THE GOVERNOR
Through Governor Newsom’s executive orders and streamlining actions to help Los Angeles recover as quickly as possible, local permitting is moving forward at a rapid pace, with rebuilding permits for homes across the region issued, on average, nearly three times faster than in the five years before the fires.
Housing Tracker: Southern California home values rise slightly in October
JACK FLEMMING, HAILEY WANG, Los Angeles Times (Subscription)
Southern California home prices rose in October, stopping a five-month skid that saw the average home value fall more than $14,000 since April.
The first home has been rebuilt after the Los Angeles wildfires. It’s an ADU.
LIAM DILLON, Politico
A two-bedroom accessory dwelling unit has been completed in Altadena, replacing a garage that burned in January’s Eaton fire.
Industry News
Zillow hit with expanded class action adding RICO claims
STEPHANIE REID-SIMONS, Real Estate News
Amended filing in the Taylor case adds new defendants and confidential witness statements claiming Flex agents are pushed to steer clients to Zillow Home Loans.
Real Estate Technology
When AI says ‘Turn Yourself In’: A real estate broker’s cautionary tale
SUMMER GORALIK, HousingWire (Subscription)
Following AI advice on trust account shortages can lead to unintended DRE scrutiny; brokers should consult compliance professionals before disclosing.
Property News
Building Greater Resilience Into Affordable Housing
JEFFREY STEELE, Forbes
When disaster strikes, low-income residents of affordable housing are often disproportionately impacted, which has convinced some affordable developers in this climate change era to design greater resilience into their properties.
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