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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Tuesday, October 6, 2026
Top Stories
California Governor Signs Bill That May Raise HOA Fees as Part of Major Housing Reform Package
TRISTAN NAVERA, Realtor.com
California Gov. Gavin Newsom has inked a series of bills to help California construct more starter homes and cut down on the cost of housing.
National News
The Surge in Rates Is Blowing Up Commercial Real-Estate Deals
PETER GRANT, The Wall Street Journal (Subscription)
A growing number of commercial real-estate buyers are threatening to walk away from recent transactions unless the seller offers better terms. Rapidly rising interest rates are to blame.
Winter Has Arrived Early in the Housing Market as Newly Pending Sales Fall 8.5% (Zillow September Market Report)
MISCHA FISHER, Zillow Research
In September, existing home sales fell 2.5% from last year according to Zillow’s nowcast. Newly pending sales, a forward-looking indicator of future closed sales, fell by 8.5% as mortgage rates reached their highest level since November 2023.
California News
California condo fees are soaring. Some owners fear they can’t survive
GRACE TOOHEY, Los Angeles Times (Subscription)
Across California, experts say condo owners have increasingly faced sky-high fees because of aging buildings, rising insurance costs and required balcony inspections.
Central Calif. county considers building massive $1.1B town for seniors
ANDREW PRIDGEN, SF Gate (Subscription)
After nearly three decades of lawsuits and back-and-forth between developers and concerned residents and environmental and agricultural rights groups, what would be one of California’s largest 55 and over communities is seemingly — once again — on the cusp of happening.
Industry News
Why some non-QM loans are suddenly beating conventional rates
MATT SEXTON, Mortgage Professional America
With conventional mortgage rates increasing, rates on some non-qualified mortgages (non-QM) have increased more slowly. This is causing a market shift, with some non-QM and non-agency products competing with, and in some cases beating, agency loan rates.
Supreme Court won't rescue Zillow from iBuying investor suit as its mortgage arm draws fresh fire
MPA STAFF, Mortgage Professional America
Shareholders can now pursue their Zillow Offers claims as a class, days after a federal judge let agents' Zillow Home Loans steering claims move ahead
Real Estate Technology
Can AI Crack The Mortgage Approval Gap?
KATIE JENSEN, National Mortgage Professional
Mortgage applications processed through AngelAi at Sun West Mortgage had substantially lower decline rates in 2025 than applications in the national market. The gap appeared across Asian, Black, Hispanic, and white applicant groups.
Property News
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