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.

      

Tuesday, November 10, 2026

Top Stories

Inflation Persists in October

FAN-YU KUO, National Association of Homebuilders

Inflation remained elevated in October even as energy prices eased, raising expectations of another Fed rate hike. 


National News 

Young home shoppers still priced out without help, according to survey

TIM HENDERSON, The Mercury News (Subscription)

The age of the typical first-time homebuyer last year remained stuck at a historic high of 40 years old as younger people continue to get the worst of brutally high prices and interest rates in much of the country.



ARM share reaches record high as October mortgage locks fall 19%

LIEZEL ONCE, Mortgage Professional America

Mortgage rate-lock volume dropped 19% from September in October and fell 38% year over year, as elevated borrowing costs continued to push buyers toward adjustable-rate products and government programs.


California News

California household formations set to decrease

Firsttuesday EDITORIAL STAFF, firsttuesday Journal

More households are occupying California today than in 2000, but the increase has not been a steady upward march for owners and renters alike. Within that increase of 21% more California households in 2025 compared to 2000, homeowner growth was suddenly reduced by the growth of renters in 2024 and 2025.



No one wanted this Long Beach home until waves crashed into its living room

JACK FLEMMING, Los Angeles Times (Subscription)

A Long Beach Peninsula home that failed to sell for $4.95 million before being red-tagged after October’s storm is now listed for $2.9 million — and drawing developer offers.



San Francisco supervisor wants to permanently close Castro gas station

SILA VALENTINO, SF Gate (Subscription)

McCoy is the latest San Francisco politician calling to convert gas stations into housing, but the once-ambitious policy might be running on empty. The city hemorrhaged gas stations at the start of the century into the 2010s, cutting nearly half of the stations by 2017. 



OC Diocese breaks ground on home project in La Habra to help housing, funding needs

MONA DARWISH, OC Register (Subscription)

The Diocese of Orange broke ground Monday on a 21-home private housing development at its Our Lady of Guadalupe Parish in La Habra, a project organizers say will add housing and generate long-term funding for Catholic ministries.



$4.2B Midway Rising project approved after 7-hour city council session

JENNIFER VAN GROVE, San Diego Union-Tribune (Subscription)

San Diego has agreed to trade its sprawling sports arena property in the Midway District for desired public benefits that include thousands of residential units for low-income families, an all-new entertainment venue and park space.


Industry News 

No stories today

Real Estate Technology 

When AI Takes Action: New Federal Framework Raises Questions

CZARINNA ANDRES, National Mortgage Professional

New federal banking guidance examines the risks of autonomous AI, from borrower communications to servicing transactions, with a focus on human oversight and accountability.


Property News 

No stories today

In Case You Missed It 

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Resources, Webinars, and Other Items of Interest 

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