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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Thursday, September 10, 2026
Top Stories
The likelihood of a Fed interest rate hike next week just got a lot higher
JEFF COX, CNBC
The odds of a Fed rate hike next week rose to 70% after a report showing increasing wholesale prices, and after oil jumped past $100 a barrel. In addition, the market now views a second increase before the end of the year as a possibility, following accelerated inflation fears. The Fed gets one last inflation report before its meeting next week, when the consumer price index comes out Friday morning.
Existing home sales hit 14-month low
LIEZEL ONCE, MPA Magazine
Existing home sales retreated to their slowest pace since June 2025, as climbing mortgage rates continued to suppress buyer activity even as housing supply reached its highest level in nearly seven years.
National News
HUD loosens rules to open public housing to private capital
TRD STAFF, The Real Deal (Subscription)
The U.S. Department of Housing and Urban Development is widening the lane for private capital to flow into the country’s aging public housing stock, loosening Section 18 rules in a bid to tackle a capital backlog the agency estimates at $170 billion.
GSEs open VantageScore 4.0 to all single-family lenders
FLÁVIA FURLAN NUNES, Housing Wire (Subscription)
VantageScore 4.0 is now available to all Fannie Mae– and Freddie Mac-approved single-family lenders, allowing sellers to choose between Classic FICO and the newer model, Federal Housing Finance Agency (FHFA) Director Bill Pulte announced on social media.
California News
Dueling lawsuits contest new San Francisco Family Zoning rules
RICHARD LAWSON, Housing Wire (Subscription)
San Francisco adopted permanent Family Zoning changes before the Jan. 31, 2026 deadline, aiming to meet a 36,200-home capacity requirement by 2031. Developers are filing projects using state density bonuses, while both pro housing and anti upzoning groups litigate.
The unexpected California city that led a century of home price growth
TESSA McLEAN, SF Gate (Subscription)
It’s no secret that California’s coastal cities are some of the priciest in the country, whether you’re a renter or a homebuyer, but a new analysis from the Federal Reserve Bank of Philadelphia is shedding light on how the state’s coastal cities created their housing crisis over the past 134 years, using more than a century’s worth of data to demonstrate the dramatic rise in prices.
S.F.’s long-stalled Candlestick Point project finally breaks ground on 7,200 homes after 25 years
J.K. DINEEN, San Francisco Chronicle (Subscription)
After false start after false start the infrastructure work that begins this month will create the foundation for a project that, at full build out, will deliver 7,200 homes in the Bayview, along with parks, a hotel, retail, and 2.8-million square feet of office space.
Industry News
Can buyers time the market? Study says buying now is the best bet
LILLIAN DICKERSON, Real Estate News
Agents often advise clients that if they must buy quickly or if they simply feel ready, it's not worth taking a chance to see if rates will fall or if more inventory will become available down the line. A new study from AD Mortgage supports the theory that, in most cases, it's more beneficial financially for buyers to take immediate action than to hold out for a more buyer-friendly market.
Real Estate Technology
AI Errors Leave Mortgage Trustee Without Brief In Foreclosure Appeal
CZARINA ANDRES, National Mortgage Professional
A mortgage trustee was left without an appellate brief defending a foreclosure judgment after its outside attorneys submitted four nonexistent court decisions found through Google’s generative AI search tool.
Property News
Parents follow their kids to the South in ‘baby chaser’ boom
JONATHAN DELOZIER, Housing Wire (Subscription)
The annual index identifies housing markets that are experiencing growth among both younger Americans and their parents’ generation. The report comes as one in four baby boomers say they plan to retire near their children or grandchildren.
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