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.
|
Copyright © , California Department of Real Estate
|
Friday, September 18, 2026
Top Stories
US mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing market
ALEX VEIGA, SF Gate
Home shoppers holding out for relief from rising mortgage rates may be in for a long wait. The weekly average rate on a 30-year fixed-rate home loan has been rising for months and this week climbed to just below 7% — its highest level in over 19 months.
Pending Home Sales Dip to Lowest Level in Nearly 3 Years
DANA ANDERSON, Redfin
The homebuyers who remain in the market have more choices, less competition and more negotiating power. Here’s what you need to know about the U.S. housing market for the four weeks ending September 13.
National News
Foreclosure filings keep climbing as bank repossessions surge
LIEZEL ONCE, Mortgage Professional America
A total of 40,277 properties received a foreclosure filing in August — covering default notices, scheduled auctions, and bank repossessions — edging up 1% from July, according to ATTOM, the property data and real estate analytics firm.
US rents fall for 37th straight month as concession rates climb
LIEZEL ONCE, Mortgage Professional America
US rents have now declined year over year for 37 consecutive months, with the national median asking rent falling to $1,699 in August. That's the latest signal that renters hold more negotiating power than they have since the pandemic-era peak.
U.S. Pending Home Sales Edge Higher in August
DAVID BARLEY, Word Property Journal
Contracts to buy previously owned homes edged higher in August, offering a modest sign of resilience in the U.S. housing market even as elevated mortgage rates continued to weigh on demand.
California News
$400,000 per bed? Why it costs so much to build affordable student housing in California
WILLIAM MELHADO, San Francisco Chronicle (Subscription)
Higher education institutions have encountered a distinctly California reality in trying to expand student housing: It’s very expensive to build in the Golden State.
Industry News
No stories today
Real Estate Technology
No stories today
Property News
House Passes Bill Protecting Homeowners From AI Data Center Power Costs
TRISTAN NAVERA, Realtor.com
The U.S. House has passed a bill that would shield homeowners from higher utility costs brought by large data centers, marking the latest congressional move on the fraught subject of data center and artificial intelligence regulation.
Airbnb Sets Up $250 Million Fund to Invest in Housing Construction
JACOB PASSY, Wall Street Journal (Subscription)
The short-term rental company is committing an initial $250 million investment toward housing projects. The money will serve as gap financing for developments with a funding shortfall, with priority given to affordable and mixed-income housing projects.
In Case You Missed It
No stories today
Resources, Webinars, and Other Items of Interest
No stories today
