Dre News Clips

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.
 

Copyright © , California Department of Real Estate

Links to web sites do not constitute an endorsement from The California Department of Real Estate. These links are provided as an information service only. It is the responsibility of the user to evaluate the content and usefulness of information obtained from these sites. DRE does not provide full text articles - user must access expired articles via newspaper archives online or local public library.

      

Monday, July 27, 2026

Top Stories

NAR homebuyer commission settlement hearing set for Nov. 2

BROOKLEE HAN, HousingWire (Subscription)
Judge Linsay Jenkins scheduled a Nov. 2, 2026 final approval hearing for Tuccori homebuyer commission opt-in settlements. The deals, including NAR at $52.25 million, total more than $120 million and received preliminary approval in May. The order for the fairness hearing came after another hearing during which Judge Jenkins approved the manner and form of how the settlement class notices. 


Homebuyer Assistance Programs Reach Record High As Grants Expand

CZARINNA ANDRES, National Mortgage Professional
The number of U.S. homeownership assistance programs climbed to a record high in the second quarter as more grants and programs covering manufactured homes and multi-unit properties became available. The increase comes as high home prices and borrowing costs continue to strain affordability, making down payment and closing-cost assistance increasingly important for LOs seeking to convert qualified prospects into homeowners.

National News 

U.S. Mortgage Rates Rise in Late July Amid Middle East Uncertainty

World Property Journal
The average rate on the benchmark 30-year fixed-rate mortgage rose for a second consecutive week, reflecting higher Treasury yields as global investors continued to weigh geopolitical risks stemming from the recent Iran conflict and the outlook for U.S. monetary policy.


Annual appreciation hits its fastest pace since August 2025

LIEZEL ONCE, Mortgage Professional America
Annual house price appreciation in the United States accelerated for the second consecutive month in May 2026, reaching its fastest pace since August 2025, according to the June 2026 Home Price Index (HPI) report from First American Data & Analytics, a division of First American Financial Corporation.

California News

Wealthy Bay Area cities are making progress on housing goals — but they’re almost all ADUs

CHRISTIAN LEONARD, San Francisco Chronicle (Subscription)
California officials and housing advocates have portrayed accessory dwelling units as a much-needed component of the supply of new homes. In some parts of the Bay Area, they’re all that’s coming.


Redwood City is rolling the dice on rent control

ANGELA SWARTZ, SFGate
Faith in Action — a nonprofit advocacy group that focuses on social justice, housing equity and immigration rights — launched Affordable Redwood City in 2021 to help those struggling with the impacts of arbitrary evictions, rising rents, increased corporate ownership and substandard living conditions.


Fire-Prone Parts of Rural Northern California Are Losing Residents, Bucking National Trend

DANA ANDERSON, YINGQI XU, Redfin News
Fire-prone parts of rural Northern California are losing more residents than they’re gaining, bucking the national trend of Americans moving into fire-prone parts of the nation. Roughly two-thirds of the fire-prone counties in the U.S. are gaining more residents than they’re losing. 

Industry News 

Housing Notes: Compass employees made their own report that says their private listings sell for more

JONATHAN MILLER, The Real Deal (Subscription)
Compass claims private pre-MLS listings sell for more, but it sounds more like self-serving public relations, especially since Zillow’s expert found the opposite, placing both sides’ approaches under question.

Real Estate Technology 

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Property News 

Bay Area's wildest house lists at $899K and just hit the market for the first time

ANNA MARIE EWERT, SFGare
Imagine you’re in a boat on San Francisco Bay, floating past the rocky cliffs of Point Richmond. All the homes you see along the ridgeline are enviable — their sunny exposures, their unobstructed water, bridge and mountain views — but your eyes will be drawn to one house in particular: the Lumiere House. Standing apart from its neighbors in every way, this historic conical structure was built by architect Walter Thomas Brooks for himself and his family.

In Case You Missed It 

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Resources, Webinars, and Other Items of Interest 

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