DRE in the News

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

Links to web sites do not constitute an endorsement from The California Department of Real Estate. These links are provided as an information service only. It is the responsibility of the user to evaluate the content and usefulness of information obtained from these sites. DRE does not provide full text articles - user must access expired articles via newspaper archives online or local public library.

Friday, July 3, 2026

National News

Trump Says Landmark Housing Bill Is ‘Fine’ and Hints He Will Not Veto It

TRISTAN NAVERA, Realtor.com
resident Donald Trump has reiterated his preference for a voting ID bill over the landmark housing bill on his desk, while hinting that he will not use a veto to block the housing package. The president refused to say whether he would sign the landmark 21st Century Road to Housing Act after he abruptly canceled signing it. But he softened on the actual bill, while stating that he wanted to see Congress take action on the voter ID bill, the SAVE America Act.

California News

Oakland’s rents are growing again — at one of the fastest rates in the U.S.

CHRISTIAN LEONARD, San Francisco Chronicle (Subscription)
If San Francisco’s rental market is on fire, Oakland’s is starting to catch sparks. Rents in Oakland, which until just recently had plunged further than in any other major U.S. city, are now climbing again — and faster than anywhere else except San Francisco.

Their town burned to the ground. Should they get a pass from California’s new housing laws?

BEN CHRISTOPHER, CalMatters
Altadena may get a reprieve from two of California’s marquee housing laws after a bill to temporarily exempt the fire-torn community sailed through back-to-back Assembly hearings on Wednesday. Some pro-housing advocates and even some Altadena residents worry that the new bill, which supporters frame as a curb on out-of-town investors, could inadvertently make it harder for some fire survivors to rebuild and remain.

Industry News

Two Harbors shareholders finally approve CrossCountry deal

BRAD FINKELSTEIN, National Mortgage News
After several postponements, Two Harbors Investment shareholders have finally approved the agreement for the real estate investment trust and its RoundPoint servicing business to be acquired by CrossCountry Mortgage. The approved deal is for $12 per share in cash, plus a stub dividend covering the quarter in which the deal closes.

Pre-market, office exclusive listings guidance underway, NAR says

ANDREA V. BRAMBILA, Real Estate News
In a closed meeting of the NAR Multiple Listing Service Issues and Policies Committee at last month's Realtors Legislative Meetings, NAR Senior Director of Engagement Rodney Gansho announced that NAR is creating guidelines for pre-market and office exclusive listings.

Real Estate Technology

How AI Is Changing Commercial Real Estate Analysis

JAMES NELSON, Forbes
If you are interested in real estate investing, understanding how AI fits into the investment process can give you a meaningful advantage. The technology is changing how professionals gather data, evaluate opportunities, and monitor markets, but it still depends on people to ask the right questions and interpret the results.

Property News

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