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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Wednesday, April 29, 2026
Top Stories
California Dream Fades as High Housing Costs Prompt Exodus
Realtor.com
Recent research highlights a significant trend of California residents, especially from major metropolitan areas like Los Angeles, departing the state in pursuit of more affordable living and enhanced financial security.
The escalating cost of housing is identified as the primary catalyst, making the once-accessible "California dream" increasingly unattainable for many families and individuals.
National News
Denver Surpasses Tampa as Market With Fastest-Falling Home Values
REALTOR.COM
Home values in Denver are falling faster than any other major metro area tracked by a key index, earning the Mile High City a dubious distinction as the weakest housing market in the nation.
More than half of major U.S. metropolitan areas posted year-over-year home price declines in February, with Denver (-2.2%) displacing Tampa (-2.1%) as the weakest market, according to data from the S&P Cotality Case-Shiller Index released Tuesday.
Los Angeles (-0.8%) and Washington, DC (-0.1%) also joined the list of markets with falling home values, signaling weakness that expanding out of the long-suffering Sunbelt region.
California News
Californians who move away are typically saving hundreds a month on housing costs
ERIC REVELL, Fox Business
Many California residents who move out of the state are finding substantial savings on housing costs and an easier pathway to homeownership as affordability concerns weigh.
Mayor Lurie's signature housing plan is now under attack from both sides of SF.'s housing wars
LAURA WAXXMAN, San Francisco Chronicle
San Francisco's recently adopted "Family Zoning" plan - the centerpiece of Mayor Daniel Lurie's housing agenda - is facing its second lawsuit in two months, with pro-housing advocates alleging the initiative that stands to rezone 60% of the city falls short of meeting established housing goals.
Industry News
Real Brokerage To Acquire RE/MAX Holdings In $880M Deal
CZARINNA ANDRES, National Mortgage Professional
The Real Brokerage is set to acquire RE/MAX Holdings in a deal valued at roughly $880 million, including debt, creating one of the largest tech-enabled real estate platforms globally and signaling further consolidation across housing and mortgage-adjacent businesses.
Under the terms of the agreement, RE/MAX shareholders can opt for stock in the combined entity or $13.80 per share in cash, with Real shareholders expected to own about 59% of the new company following closing.
Real Estate Technology
New AI Tool Aims to Help Real Estate Agents Predict Their Next Listing
PR Newswire
ProspectsPLUS!®, the long-standing real estate marketing platform founded by Jim Morton, is introducing Listing Lens AI℠, a predictive intelligence tool designed to help real estate agents better identify potential listing opportunities. The platform expands the company's direct mail and digital marketing ecosystem with a more data-driven way to target homeowners who may be more likely to list.
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