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, May 8, 2026
Top Stories
Housing Market Predictions For 2026: When Will Home Prices Drop?
ANGELICA LEICHT, Forbes
Slowing home price growth, modestly rising inventory and predictions for lower mortgage rates are giving buyers slightly more options and purchasing power. Despite these advantages, many potential buyers are still choosing to wait.
Housing experts generally expect gradual home price growth and slightly decreasing mortgage rates in 2026. Markets with rising supply and strong local economies are likely to offer the most opportunities for buyers early next year.
Housing-averse Coastal Commission gets wings clipped in two key lawsuit losses
DAN WALTERS, Cal Matters (Commentary)
California has had a Coastal Commission for more than a half-century, beginning with a 1972 ballot measure whose advocates played on Californians’ fears about losing access to popular beaches and who cited the sprawling Sea Ranch development along the Sonoma County coast as an example.
The measure gave the commission a four-year tenure. A few years later, then-Gov. Jerry Brown and the Legislature made it a permanent fixture of state government, with 12 appointed members. The agency gained broad powers to oversee what happens in a legally defined “coastal zone” that often stretches several miles inland from the Pacific coast.
National News
UTEP Real Estate Program Ranks Among World’s Top Ten for Research
UTEP Newsfeed
The University of Texas at El Paso’s Woody L. Hunt College of Business is once again earning global recognition for its impact in real estate research with a top 10 ranking in the 2021–2025 Real Estate Academic Leadership (REAL) Rankings.
UTEP's Woody L. Hunt College of Business is once again earning global recognition for its impact in real estate research with a top 10 ranking in the 2021–2025 Real Estate Academic Leadership (REAL) Rankings. The REAL Rankings, which measure institutional productivity based on publications in the discipline’s leading journals, place UTEP among the top real estate research institutions globally with 22 publications.
California News
California Housing Affordability at Highest Level in 4 Years
PHIL HALL, WRE NEWS
Housing affordability in California in the first quarter reached its highest level in four years, according to data from the California Association of Realtors (CAR).
During the first three months of the year, CAR determined that 22% of the state’s homebuyers could afford to purchase a median-priced, existing single-family home, up from 21% in the prior quarter and 19% one year before.
'Buckshot’ or moonshot? Dem candidates to replace Newsom offer grand plans for more housing
LIAM DILLON, Politico
When it comes to fixing California’s housing problems, Democratic gubernatorial candidates can’t resist a big, round number. And that could be a problem.
Industry News
Northern California Housing Market Shows Earlier Recovery Signs Than Southern California Metros, New Study Finds
KATHAKALI NANDI, EdHat California
Northern California’s housing market is showing stronger early signs of recovery compared to Southern California, with some parts of the Bay Area seeing stronger buyer competition, a recent study has revealed.
Real Estate Technology
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Property News
Homeowner loses $1.5million California property in identity theft scam
ALYSSA GUZMAN, The Daily Mail
A California homeowner has lost his $1.5million property after falling victim to an alleged identity theft scam.
Real estate agent Glenis Cardona, 63, and her co-conspirators Ivan Reyes, 50, Arshak 'John' Akopyan, 46, and Basil Tikriti, 54, allegedly sold a Burbank home without the homeowner's knowledge.
The group allegedly stole the identity of the homeowner and a purported buyer to get a loan worth $975,000 in January 2024.
In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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