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California Moves to Clear Legal Hurdles for 4,254-Home Midway Rising Project

California Moves to Clear Legal Hurdles for 4,254-Home Midway Rising Project

by John G. Stevens | Oct 2, 2026 | Current News & Events, Real Estate News

California has enacted two laws aimed at reducing legal and regulatory obstacles facing San Diego’s long-planned Midway Rising redevelopment, a project the Legislature says would deliver 4,254 homes, including 2,000 deed-restricted affordable units. Gov. Gavin...
California Gov. Newsom Lists Sacramento-Area Mansion for $7.5 Million

California Gov. Newsom Lists Sacramento-Area Mansion for $7.5 Million

by Phil Hall | Aug 25, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom and wife Jennifer Siebel Newsom have listed their Sacramento-area mansion for sale at $7.5 million. The New York Post reports the 12,000-square-foot Fair Oaks home is located on an eight-acre parcel in a gated community. The listing for...
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 | Current News & 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...
Gov. Newsom Issues Warnings to 15 Localities for Noncompliance on Affordable Housing Access

Gov. Newsom Issues Warnings to 15 Localities for Noncompliance on Affordable Housing Access

by Phil Hall | Mar 30, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom has put forth final warnings to 15 cities and counties that have yet to acquiesce to his administration’s demands on affordable housing access. The 15 communities that received notice today remain more than two years behind schedule and...
Gov. Newsom Issues Warnings to 15 Localities for Noncompliance on Affordable Housing Access

Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market

by Phil Hall | Jan 8, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom is following President Trump’s lead by calling for a shutdown on institutional investors from purchasing single-family homes. The San Jose Mercury News reports 3% of California’s single-family homes are owned by large companies, according...
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