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 19, 2025
Top Stories
After a rocky start, rebuilding in the Palisades and Altadena is gaining momentum
DOUG SMITH, JACK FLEMMING, COLLEEN SHALBY, Los Angeles Times (Subscription)
Rebuilding momentum is accelerating in Palisades and Altadena, with about 12% to 13% of destroyed homes receiving permits as of December, up from a slow start.
Pending Home Sales Fall 6%, the Biggest Drop in Nearly a Year
DANA ANDERSON, Redfin News
House hunters are hesitant this holiday season because mortgage rates are stubbornly sitting above 6%, and home-sale prices are rising, putting homes out of reach for many would-be buyers.
National News
Why were home prices still climbing last month despite slowing sales?
ALEX VEIGA, Los Angeles Times (Subscription)
Sales of previously occupied U.S. homes rose in November from the previous month, but slowed compared with a year earlier for the first time since May despite average long-term mortgage rates holding near their low point for the year.
Rents Pull Back and Concessions Rise, Offering Renters Winter Leverage
ORPHE DIVOUNGUY, Zillow Research
Over the past year, the rental market has moved firmly in favor of renters. New supply and lower churn have contributed to a calmer pace of rent changes across many metros.
Homeowners insurance realities set in after recent floods
DAVE GALLAGHER, Real Estate News
Destructive flooding in Washington state led many to discover that standard insurance policies don’t cover flood damage — an issue homeowners face nationwide.
California News
California home sales climb to three‑year high
LIEZEL ONCE, Mortgage Professional America
California’s housing market ended November with its strongest sales pace in more than three years, even as prices slipped and inventory ticked higher, according to the California Association of Realtors (C.A.R.).
Why homeownership in California isn’t nearly the financial slam dunk it once was
BEN CHRISTOPHER, CalMatters
For generations it’s been a near article of faith that homeownership beats out being a renter. In California in 2025, having a landlord has its perks.
San Jose housing towers with 700-plus units land final city approval
GEORGE AVALOS, San Jose Mercury News (Subscription)
Two eye-catching housing towers that would sprout atop the site of a San Jose parking lot have received final city approval in a fresh sign that developers continue to scout for ways to step away from office projects.
Industry News
Mortgage brokers optimistic about housing market in 2026
COLIN MCNAMARA, National Mortgage News
Mortgage brokers are optimistic about the year ahead, with many anticipating more business. 57.6% of the more than 300 brokers surveyed said they felt motivated heading into the new year and 84.5% said they expect business to grow in 2026.
Real Estate Technology
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Property News
Here’s Why Old Homes Suddenly Cost More Than New Ones
BRANDON KOCHKODIN, Forbes
For most of the last 50 years, new homes have cost more than existing ones, nationally. Thanks to builder strategies, shifting home designs and a new construction glut the trend has flipped.
In Case You Missed It
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