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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Friday, November 21, 2025
Top Stories
U.S. Housing Market Hits a Turning Point, Over Half of Homes Lose Value in 2025
MICHAEL GERRITY, World Property Journal
New analysis from Zillow shows that 53% of U.S. homes have lost value over the past 12 months -- the largest share since 2012, when the market was clawing its way out of the post-recession trough.
Existing home sales show 4 months of year-over-year growth
LOGAN MOHTASHAMI, HousingWire (Subscription)
October saw a 1.7% year-over-year increase in existing home sales and a 2.1% rise in median price. Inventory grew to 1.52 million, with a 4.4-month supply.
National News
The Race to Refinance Makes Mortgages More Expensive for Everyone Else
TELIS DEMOS, The Wall Street Journal (Subscription)
Americans are jumping on opportunities to refinance and save money on their monthly mortgage payments. But what is the market going to make them pay for that privilege?
Average US long-term mortgage rate rises to 6.26%, the third straight increase
ASSOCIATED PRESS, San Diego Union-Tribune (Subscription)
The average rate on a 30-year U.S. mortgage edged higher for the third week in a row, though it remains close to its low point this year. Three weeks ago, the average rate was at 6.17%, its lowest level in more than a year.
Existing home sales see small October gain, but supply is now dropping
DIANA OLICK, CNBC
Sales of previously owned homes in October rose 1.2% from September to 4.1 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were up 1.7% year over year.
Sellers Outnumbering Buyers By 37%
LEW SICHELMAN, National Mortgage Professional
The number of U.S. homebuyers dropped 1.7% to the lowest level on record, aside from the start of the pandemic, amid high housing costs and economic uncertainty, while the number of sellers dropped 0.5% as sellers retreated in response to low buyer demand
California News
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Industry News
Compass attacks Zillow’s ‘weapons of choice’ in key hearing
AMIE FISHER, Real Estate News
On day one of a hearing tied to Compass’ private listing ban lawsuit, attorneys painted sharply different pictures of the two real estate giants.
NAR’s MLS rule rewrite sparks new allegation: ‘This is proof they violated antitrust law’
BROOKLEE HAN, HousingWire (Subscription)
NAR’s updated MLS policy, now allowing local discretion on membership, is highlighted by Hardy plaintiffs as admission of antitrust violation
Real Estate Technology
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Property News
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In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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