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California’s Median Home Price Breaks New Record

California’s Median Home Price Breaks New Record

by Phil Hall | Jun 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded 268,810 home sales in May, a 5.1% year-over-year surge for the strongest annual gain in eight months, according to data collected by the California Association of Realtors (CAR). On a month-over-month basis, home sales dipped 3.1% from...
California Real Estate Investor Arrested for $100 Million Bank Fraud

California Real Estate Investor Arrested for $100 Million Bank Fraud

by Phil Hall | Jun 11, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A California real estate investor was arrested for defrauding a bank out of nearly $100 million by falsifying title policies to inflate the value of his pledged collateral. According to an affidavit filed with the complaint, Mahender Makhijani controls Cantor Group V...
California Vacation Rental Property Will Accept Anthropic Stock Instead of Cash

California Vacation Rental Property Will Accept Anthropic Stock Instead of Cash

by Phil Hall | May 27, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A vacation rental property in California’s Sonoma County Wine Country is making an unusual rental fee offer. In lieu of the $2.5 million list price, the property owner will accept $2 million in stock from the artificial intelligence provider Anthropic. The property at...
California Median Home Price Sets New Record

California Median Home Price Sets New Record

by Phil Hall | May 19, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s median home price hit a new record in April at $914,810, marking the first time the median price has crossed the $900,000 threshold since May 2025. The previous record high was set in April 2025 with $910,160. According to the California Association of...
Ex-CFPB Director Rohit Chopra Nominated to Run California Consumer-Focused Agency

Ex-CFPB Director Rohit Chopra Nominated to Run California Consumer-Focused Agency

by Phil Hall | May 14, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Rohit Chopra, who served as director of the Consumer Financial Protection Bureau (CFPB) during the Biden administration, has been nominated by California Gov. Gavin Newsom to serve as secretary of the new Business and Consumer Services Agency (BCSA), the state’s...
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