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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Tuesday, December 16, 2025
Top Stories
New-home mortgage demand edges higher
LIEZEL ONCE, Mortgage Professional America
Mortgage demand for newly built homes edged higher in November, even as activity cooled from October’s brisk pace, according to the latest Builder Application Survey from the Mortgage Bankers Association (MBA).
Mortgage Rates Likely to Remain Unchanged Following Mixed October, November Jobs Data
CHEN ZHAO, Redfin News
October and November jobs data came in cooler than expected, but the long government shutdown muddies the waters. The jobs report alone won’t push the Fed to make more interest-rate cuts than previously communicated.
National News
Google enters portal wars with MLS listings in select cities
BROOKLEE HAN, HousingWire (Subscription)
Google is testing MLS-powered home listings in mobile search results in select markets, impacting portal stocks and industry dynamics.
Tariffs put new home construction under pressure, think tank warns
LIEZEL ONCE, Mortgage Professional America
Housing advocates and market analysts warned that the Trump administration’s expanded tariffs on key building materials have further squeezed already stretched United States homebuilders, threatening to widen the nation’s supply gap and keep ownership out of reach for many first-time buyers.
Homeownership Rate Inches Up to 65.3%
NA ZHAO, Eye on Housing
The latest homeownership rate rose to 65.3% in the third quarter of 2025, according to the Census’s Housing Vacancy Survey (HVS). Despite this quarterly increase, the trend continues to reflect significant affordability challenges.
California News
Where are California rentals vacant the longest?
JONATHAN LANSNER, Orange County Register (Subscription)
Statewide, the typical empty unit was rented in 28 days over the last six months, the 10th-fastest among 34 states tracked. California’s rental speed is three days slower in a year – but one day faster than the seven-year average.
Four LA affordable housing projects land $182M in state funding
THE REAL DEAL (Subscription)
The California Strategic Growth Council approved $866 million in grant funding, including more than $182 million for efforts in Los Angeles County, Urbanize Los Angeles reported.
Industry News
Objectors appealing commissions deals will get one last say
DAVE GALLAGHER, Real Estate News
On Jan. 14, a three-judge panel will hear oral arguments before deciding if settlements reached in the Sitzer/Burnett and Gibson cases should remain in place.
Zillow stalemate with Chicago's MLS looks like it's coming to a head
TAYLOR ANDERSON, Inman (Subscription)
In a weekend email to its members, Chicago’s MRED MLS warned that Zillow had been contacting subscribers to say there may be ‘disruptions’ starting in the new year
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