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, January 9, 2026
Top Stories
Gov. Newsom plans crackdown on corporate homebuying in California
ANDREW OXFORD, ELIYAHU KAMISHER, JOHN GITTELSOHN, San Jose Mercury News (Subscription)
California Governor Gavin Newsom will call for a crackdown on institutional investors buying up homes in the state during a speech Thursday, following a similar announcement by President Donald Trump.
National News
Why are housing starts still falling despite lower mortgage rates?
MICHAEL SASSO, Los Angeles Times (Subscription)
Housing starts in the fell in October to the lowest level since the onset of the pandemic as data delayed by last fall’s government shutdown showed builders continued to cut back amid still-high prices and mortgage rates.
Trump Orders $200B Mortgage Bond Buy, Which Will Likely Nudge Rates Down Slightly to 6%
CHEN ZHAO, Redfin News
President Trump said he is directing the federal government to buy $200 billion in mortgage bonds above what they would normally buy, which he said on social media would help bring down mortgage rates and combat the housing affordability crisis.
Residential Construction Softens Amid Ongoing Housing Market Headwinds
DANUSHKA NANAYAKKARA-SKILLINGTON, Eye on Housing
Elevated mortgage rates earlier in the year have restrained buyer demand and weighed on home building activity, alongside persistently high construction costs.
U.S. Home Affordability Closed Out 2025 Near Record Lows
ROB BARBER, World Property Journal
U.S. homeownership remained out of reach for most Americans at the end of 2025, with affordability near historic lows across almost every major housing market, according to a new report from real estate data firm ATTOM.
California News
Lawsuit challenges S.F. mayor’s housing plan, sending ‘Family Zoning’ to court
LAURA WAXMAN, San Francisco Chronicle (Subscription)
Two local groups, San Francisco Neighborhoods United and Small Business Forward, say they plan to sue the city in San Francisco Superior Court, seeking to overturn last year’s approval of the sweeping zoning plan designed to allow more housing throughout parts of the city that have traditionally added few new homes.
Locals wanted to rebuild Pacific Palisades, Altadena. Then the big investors moved in
TERRY CASTLEMAN, Los Angeles Times (Subscription)
A new report from Redfin shows that at least 40% of lot sales in the fire-damaged areas in both Altadena and Pacific Palisades went to investors in the third quarter of 2025. This raises the likelihood, some experts say, that outsiders may hold off on rebuilding to maximize their investment.
LA wildfires didn’t lead to soaring Southern California rents
JONATHAN LANSNER, Orange County Register (Subscription)
December’s $2,296 monthly rent was up 0.1% from the previous year, after rising 0.2% the year before. Roughly speaking, no change for two years after increasing at a painful 5.4% annual pace in 2018-2023.
Industry News
Docs offer inside peek at Compass’ war against ‘organized real estate’
TAYLOR ANDERSON, Inman (Subscription)
In the ongoing war to dominate the real estate industry, Compass has set its sights on what it views as “organized real estate.” A vast trove of newly released documents sheds light on how it prepared to fight.
Real Estate Technology
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