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, December 12, 2025
Top Stories
Powell says rate cuts won't make 'much of a difference' for struggling housing sector
ERIC REVELL, Fox Business
Federal Reserve Chair Jerome Powell warned that the housing sector's struggles are likely to continue with interest rate cuts unlikely to move the needle significantly to address challenges with inventory and affordability.
“Housing For The 21st Century Act” Introduced To Expand Affordable Housing Supply
ERIC C PECK, National Mortgage Professional
A bipartisan group of lawmakers has introduced the Housing for the 21st Century Act to modernize federal housing policy, reduce regulatory barriers, and increase the supply and affordability of homes nationwide.
National News
New Listings Post Sharpest Drop in 2 Years, Tightening Housing Supply
DANA ANDERSON, Redfin News
Would-be home sellers and buyers are retreating as we enter the holiday season, with both new listings and pending sales falling.
Homeowners are losing thousands in equity thanks to weakening prices
DIANA OLICK, CNBC
Home values have been losing ground for much of this year, with previously huge annual gains shrinking to nothing. The result is that homeowners are losing equity.
California News
Fighting new housing in LA will cost you more — but far short of the $22K fee some advocates want
DAVID WAGNER, LAist
In the city of Los Angeles, neighbors or homeowner groups who choose to fight approvals of new housing are required to pay a fee when filing an appeal. Right now, that fee is $178 but it will go up to $229.
State Supreme Court rejects California city’s long fight to avoid building housing
BOB EGELKO, San Francisco Chronicle (Subscription)
In a long-running battle between the state and local governments over housing, the California Supreme Court required Huntington Beach on Wednesday to approve plans for residences that low-income people could afford in the Orange County community.
This Bay Area county is experimenting with a first-in-the-state pilot program for faster housing construction. Can it help solve the affordability crisis?
CHASE HUNTER, San Jose Mercury News (Subscription)
For as long as California has had a housing shortage, pro-housing advocates have decried the burdensome development process that both stifles construction and inflates development costs, leading to more market-rate units than affordable units.
Industry News
Buyer broker contract enforcement: Legal win, reputational risk
BROOKLEE HAN, HousingWire (Subsciption)
A $24,000 arbitration win for a breached buyer broker agreement has sparked debate over reputational risks and contract clarity. Experts warn that enforcing these agreements may lead to negative reviews and consumer confusion.
Real Estate Technology
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Property News
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In Case You Missed It
Pro-housing group sues Newsom over duplex law suspension in wildfire zones
JACK FLEMMING, Los Angeles Times (Subscription)
YIMBY Law, a San Francisco-based organization, alleges that Newsom’s executive order over the summer allowing cities to suspend SB 9 is a constitutional overreach and violates the California Emergency Services Act, which states that emergency powers can be used only to mitigate ongoing disasters, not potential ones.
Resources, Webinars, and Other Items of Interest
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