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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Tuesday, July 14, 2026
Top Stories
Home Prices Set New Record In June
KATIE JENSEN, National Mortgage Professional
The median U.S. home-sale price climbed to a record $408,776 in June, rising 2.2% year over year, as existing-home sales reached their highest level in more than three years, according to Redfin. "High-end buyers are driving demand and prices in much of the country," said Chen Zhao, Redfin's head of economics research. "Many of the house hunters who are buying homes are the ones who can afford today's high prices and elevated mortgage rates without busting their budget."
Largest Landlord in the U.S. Accused of Widespread Fair Housing Violations
ELIZABETH A. HARRIS, New York Times (Subscription)
Greystar, the largest apartment owner in the United States, has systematically refused to accept Housing Choice vouchers (better known as Section 8) in several states where that is illegal, according to complaints filed with state agencies and attorneys general by a national watchdog group on Monday. Federal law makes participation in Section 8 voluntary, but numerous states require that landlords accept the vouchers.
National News
U.S. Homebuilders Welcome Landmark Housing Bill Into Law
World Property Journal
The National Association of Home Builders (NAHB) hailed the recent enactment of the 21st Century ROAD to Housing Act, a sweeping bipartisan measure aimed at tackling the U.S. housing affordability crisis by cutting regulatory barriers, boosting supply, and expanding homeownership opportunities.
Property Listings Are More Complex Than Ever. Here’s What You Need to Know.
NICOLE FRIEDMAN, Wall Street Journal (Subscription)
Mortgage rates are locked in a tug of war. Zillow is in a fight with Compass about private listings. And some real-estate agents are bowing out after years of slow home sales. We have answered the most pressing questions to help buyers and sellers navigate an increasingly complicated real-estate market.
Is buying a home still the way to wealth? Some young Americans aren’t sure
PAULINA CACHERO, San Diego Union-Tribune (Subscription)
Less than a quarter of Americans aged 18 to 39 say buying a home is a very good investment, compared with 38% of those over 60 years old, a recent survey by the Pew Research Center found. A further 38% of under-40s see property as a “somewhat good” place to park their money.
California News
'This changes the game': New ballot measure would make homebuying more attainable
ANABEL SOSA, SFGate
Proposition 37, which is one of 14 measures set to appear on the ballot, targets what supporters of the measure call “the missing middle” class of working Californians who can’t afford the high down payments and also earn too much to qualify for down payment assistant programs.
San Francisco’s office-to-housing push is finally showing signs of life
J.K. DINEEN, San Francisco Chronicle (Subscription)
While a far cry from New York’s 16,000 pipeline units or Washington D.C.’s 8,500 pending conversions, by the end of the month San Francisco is expecting to receive applications for three projects, totaling more than 300 units.
Industry News
FTC’s challenge to Zillow-Redfin partnership headed to trial
HOLDEN WALTER-WARNER, The Real Deal (Subscription)
A challenge struck up by the Federal Trade Commission against Zillow and Redfin’s $100 million multifamily listing syndication deal is headed to trial. A federal judge declined the regulator’s request to immediately block the partnership between the two companies, Bloomberg reported.
NAR’s top lawyer on settling the buyer suits and what ‘risk-off’ means next
TAYLOR ANDERSON, Inman (Subscription)
Nearly a year and a half into his tenure as the National Association of Realtors’ general counsel, Jonathan Waclawski says the trade group’s litigation docket — “a complete mess for some time” — is on its way to being under control.
Real Estate Technology
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Property News
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In Case You Missed It
MORE HOUSING, FASTER: Governor Newsom signs historic housing affordability reforms
Office of the Governor
As part of the 2026-27 budget — with ZERO deficit this year and next — Governor Newsom today signed Assembly Bill 179, housing budget trailer bill, modernizing California’s affordable housing finance system to help expand homeownership, reduce costs, support more affordable housing, and strengthen the impact of state housing investments.
Resources, Webinars, and Other Items of Interest
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