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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Monday, October 12, 2026
Top Stories
Monthly Market Update: U.S. Pending Home Sales Sink Near 12-Year Low
DANA ANDERSON, Redfin News
U.S. pending home sales are down to their lowest level since spring 2014–with the exception of April 2020, when the onset of the pandemic ground the housing market to a halt.
National News
MBA expects two more Federal Reserve hikes, in December and Q1 2027
MATT SEXTON, Mortgage Professional America
Fratantoni says inflation and heavy borrowing will keep 30-year mortgage rates above 7% through all of next year, which leaves little relief for borrowers or brokers.
Wall Street is pitching data centers as a major real estate bet. The risks are piling up
KEVIN WILLIAMS, CNBC
Blackstone and other alternative investment firms are bringing data center exposure into public and private investment vehicles. Investors face project delays, power and permitting constraints, concentration, refinancing and liquidity risks even as AI demand grows.
Native American housing bill awaits Senate on Indigenous Peoples Day
JESSI HEALY, Inman
The Senate Committee on Indian Affairs approved S. 5354 to reauthorize and modernize NAHASDA through fiscal 2033, expanding mortgage options for tribal members nationwide.
California News
Affordable housing law expected to prevent foreclosures
MADELINE SHANNON, The Center Square
A new law taking effect next year will give affordable housing owners more options in avoiding foreclosure.
Industry News
A New Type of Mortgage Is Reviving Long Abandoned Neighborhoods
NICHOLAS G. MILLER, The Wall Street Journal (Subscription)
The approval process for a traditional mortgage evaluates how likely the borrower as an individual is to pay back the loan, looking at credit score, debt-to-income ratio and assets. In the new model, a private lender approves the loan based on the property’s value and potential rental income rather than the income of the borrower.
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs
CZARINNA ANDRES, National Mortgage Professional
Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028
Real Estate Technology
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Property News
The Next Generation of Manufactured Homes Is Here
ELIAN BLOCK, NAR Realtor News
Cavco displayed its first model home without a permanent steel chassis, thanks to a provision in the 21st Century ROAD to Housing Act which eliminated the federal requirement.
In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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