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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Thursday, March 12, 2026
Top Stories
California governor candidates have a similar goal: ‘Housing, housing, housing’
STEPHEN HOBBS, Sacramento Bee (Subscription)
Try as they might to distinguish themselves in a crowded race, Republican and Democratic hopefuls to be the next California governor have a largely similar message when it comes to the state’s severe housing costs: Build more homes, and do it faster.
Trade groups raise alarms over 21st Century ROAD to Housing Act before Senate floor vote
FLAVIA FURLAN NUNES, HousingWire (Subscription)
Housing and mortgage groups urged senators to revise parts of the 21st Century ROAD to Housing Act ahead of a floor vote. Letters cite a seven-year BTR disposition mandate, FHA multifamily loan limit drafting errors and a 30-day delinquency counseling requirement.
National News
How Homeowners Are Turning to Adjustable-Rate Mortgages, in Charts
VERONICA DAGHER, Wall Street Journal (Subscription)
Americans are reconsidering adjustable-rate mortgages as a way to cut the cost of buying a home in the short term. The loans faded from popularity after helping fuel the 2008 financial crisis. But persistently high mortgage rates have more home buyers turning to ARMs, which tend to have lower rates for a set number of years before floating in tandem with market rates.
Second liens appear on 16% of U.S. mortgages
BONNIE SINNOCK, National Mortgage News
The share of primary mortgages on properties that also have second liens is currently in the double digits, reflecting growth in home equity lending that's increasingly relevant to agency mortgage-backed securities investors.
Multifamily Starts the Bright Spot for Otherwise Lackluster New Construction
JOEL BERNER, Realtor.com
January new construction data shows us that builders are responding to the market, which is currently quite tough for those selling homes. They are focusing on the areas that need supply, like the Northeast and Midwest, and pulling back in segments that do not, especially single family homes in the South and West.
California News
Supporters and opponents of San Diego tax on second homes submit ballot arguments as campaign fight gears up
LORI WEISBERG, San Diego Union-Tribune (Subscription)
Supporters and opponents of a June ballot measure that would heavily tax unoccupied second homes in the city of San Diego are gearing up for what promises to be an intense and potentially costly campaign.
This wealthy, ‘pro-housing’ South Bay city is falling behind on its housing goals – so is the rest of the Bay Area
LUIS MELECIO-ZAMBRANO, San Jose Mercury News (Subscription)
Many cities in the Bay Area are behind on their housing goals as they balance increasingly aggressive state housing laws with political and economic headwinds, according to the latest data available, painting a murky future of a region failing to offer sufficient housing for its residents.
Industry News
What real estate agents need to know about the spring housing market
JONATHAN DELOZIER, HousingWire (Subscription)
The 2026 spring housing market faces uncertainty from labor trends, inflation, energy prices, and geopolitical tensions, affecting mortgage rates and consumer confidence. Economists caution against overreacting to single data points, emphasizing broader labor and inflation dynamics. Affordability is gradually improving, but the “lock-in effect” limits inventory, likely delaying and unevenly shaping spring sales.
Real Estate Technology
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Property News
How Neighborly Do Home Additions Have to Be?
ALEXANDER NAZARYAN, New York Times (Subscription)
As municipalities push for more housing, policymakers’ ideas can clash with on-the-ground realities, with constituents grousing about blocked views or lost parking spots.
In Case You Missed It
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Resources, Webinars, and Other Items of Interest
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