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, September 28, 2026

Top Stories

Fed Official Sounds Warning on Housing as Affordability Hits 21-Year Low

KEITH GRIFFITH, Realtor.com

Atop Federal Reserve official has delivered a sobering assessment of the U.S. housing market, warning that a severe housing shortage is driving up shelter costs at a time when the central bank may be forced to raise interest rates even further.


National News 

US home prices hold below long-term average for 17th month

LIEZEL ONCE, Mortgage Professional America

US home prices rose 1.4% year over year in August, keeping national appreciation below its nearly three-decade pre-pandemic historical average of 3.4% for the 17th consecutive month.



Market Share of 5,000+ Sq. Ft. Homes Edges Higher in 2025

ASHOK CHALUVADI, National Association of Home Builders

New homes with 5,000 square feet or more of living space posted an increase in market share last year. In 2025, 27,000 homes of this size were started, accounting for 2.9% of all new homes started. Both the number and market share of homes with 5,000 square feet or more increased from 2024.



Top 10 Things to Know About the U.S. Property Market in September

WPJ STAFF, World Property Journal

10 developments shaping the U.S. property market this month.


California News

Frozen for years, this $1 billion downtown S.F. office project is ready to move forward

J.K. DINEEN, San Francisco Chronicle (Subscription)

The project is designed to be phased, with the first building totaling 550,000 square feet. A commitment of 30% to 50% of the first buildings — between 165,000 and 225,000 square feet — might be enough to justify a groundbreaking.



California's 2 biggest luxury housing markets are sharply diverging

TESSA McLEAN, SF Gate (Subscription)

Zillow data analyzed by SFGATE shows that from January to July 2026, sales of luxury properties in San Francisco were up 14.7% year over year, while Los Angeles sales had dipped 7.3%.


Industry News 

UWM Details $400M Capital Move Behind Its Broker Growth Plan

CZARINNA ANDRES, National Mortgage Professional

The rights offering is intended to strengthen the wholesale lender’s balance sheet while management targets more than 50% market share and continued investment in broker technology.


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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