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, November 17, 2025
Top Stories
NAR adopts strategic plan with sharp budgeting, compliance focus
DAVE GALLAGHER, Real Estate News (subscription)
The 3-year initiative is built on a 1.2 million member baseline and 75 projects including stepped-up work on antitrust issues in race “to prove our worth.”
C.A.R. backs expansion of assumable mortgages to boost housing affordability and inventory
C.A.R., Press Release
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s proposal to allow homebuyers to assume Fannie Mae and Freddie Mac backed fixed-rate mortgages: “The CALIFORNIA ASSOCIATION OF REALTORS® supports allowing Fannie Mae and Freddie Mac to permit the assumption of fixed-rate mortgages by qualified buyers. As mortgage rates have risen sharply in recent years, assumable loans could play a key role in unlocking housing opportunities for buyers. By allowing buyers to take over a seller’s existing low-rate mortgage, these loans can ease financial pressure and make homeownership more attainable.”
National News
More than half of US homes lost value in the past year
LIEZEL ONCE, Mortgage Professional America
The United States housing market saw a major change over the past year, with 53% of homes losing value—the highest proportion since 2012, according to new research from Zillow. While the headline figure may unsettle homeowners and industry professionals alike, most owners remain well ahead on their investment, and forced sales remain rare.
California News
Sprinkler shock: Owners of S.F. high-rise condos stunned by $300K mandate
J.K. DINEEN, San Francisco Chronicle (subscription)
Thousands of condo owners in 126 pre-1975 San Francisco high-rises will have to pay $300,000 or more — and face potentially lengthy displacements — under an ordinance requiring towers built before 1975 to install automatic fire sprinklers in every room of every unit.
More housing on the California coast? Changes at this agency signal a pro-building shift
NADIA LATHAN, CalMatters
Bone-colored bluffs and jagged cliffs line the Monterey shoreline where chalky sand meets redwoods. Its rugged coastline, including beloved destinations such as Big Sur, is well-known California iconography protected by the California Coastal Act for nearly 50 years.
How Building Affordable Housing Became Hottest Game in L.A.
REBECCA PICCIOTTO, The Wall Street Journal (subscription)
Developers say building all-affordable housing complexes rarely makes financial sense. Now in Los Angeles, it is the hottest game in town. Apartment developers across the city are lining up to submit proposals for 100%-affordable apartment buildings. The rush is thanks to a policy that promises to streamline the approval process by cutting the previous wait time from about a year to 60 days.
One California city’s idea to tackle the housing crisis: Take the stairs
BEN CHRISTOPHER, CalMatters
In late September, Culver City became the first municipality in California to legalize the construction of mid-rise apartment buildings with a single staircase. Unless you’re a member of the niche but fervent subculture of architects, urbanists and pro-housing advocates who clamor for “single stair reform,” this might not sound like big news. But supporters say it could be the key to unleashing the kind of urban apartment building boom that years of pro-development legislation in Sacramento has tried, and so far failed, to deliver.
Industry News
Freddie Mac launches new quality control platform
FLÁVIA FURLAN NUNES, HousingWire (subscription)
Freddie Mac is rolling out a new quality control platform designed to streamline the review process of single-family loans, which it plans to make available to all lenders by the end of 2025, the government-sponsored enterprise announced Monday.
NAR proposes MLS rule repeals, updates to code of ethics
BROOKLEE HAN, HousingWire (subscription)
As the National Association of Realtors (NAR) and its members prepare for Monday’s board of directors meeting, leaders are asking members and directors to consider some proposed changes to both the code of ethics and MLS rules.
HUD announces drastic changes to homelessness strategy
JONATHAN DELOZIER, HousingWire (subscription)
The Trump administration is preparing a major overhaul of its homelessness strategy, moving away from long-term housing support and reducing funding for those programs. The plan redirects Continuum of Care program resources toward short-term shelters that tie participation to employment and substance-abuse treatment.
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