Clear Cooperation lawsuit dismissed (again)
TAN, a private listing network, has agreed to drop its case against NAR after nearly five years of litigation and previous dismissals. Will this be the end?
January 14, 2025
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- Former NAR president lived by his belief in ‘The Power of One’Tennessee Realtor and association leader Martin Edwards, Jr. passed away last week, leaving a legacy of service and advocacy.January 10, 2025
- Mortgage rates soar following strong jobs reportThe employment data is good news for workers, but it means the Federal Reserve is unlikely to cut rates later this month, keeping borrowing costs elevated.January 10, 2025
- Housing supply and demand could shift dramatically in 10 yearsPopulation growth is slowing, which means fewer new households — and fewer new homes needed. But immigration is still a wild card.January 10, 2025
- Mortgage rates drift higher — but buyer activity picks upWeekly averages moved closer to 7%, but upcoming labor market reports could change the trajectory.January 9, 2025
- Brokerages in Georgia commissions case ask for settlement approvalWith all deals now disclosed, the parties have requested preliminary approval, but the eXp and Weichert settlements are still under scrutiny in another court.Updated January 10, 2025
- Housing optimism up 'substantially' compared to a year agoConsumer sentiment was relatively high in December, largely driven by expectations of declining mortgage rates in 2025.January 7, 2025
- DOJ files amended complaint against RealPageJust a month after the company announced an investigation into its rental pricing practices had ended, the DOJ is back with an updated, expanded lawsuit.Updated January 7, 2025
- How the country's largest MLS is pitching its valueAre MLSs still relevant in real estate’s new era? Absolutely, says California Regional MLS, whose new campaign focuses on adaptation and member empowerment.January 6, 2025
- A new year brings new litigation over mandatory membershipLouisiana agents are the latest to sue NAR over membership rules that limit MLS access — and alleged reputational damage caused by scandals and lawsuits.January 3, 2025
- Will the DOJ sue NAR in 2025 — or back off?A new presidential administration and a Supreme Court decision could affect how the Justice Department approaches the real estate industry in the new year.January 3, 2025
- Mortgage rates edge closer to 7%While rates have risen by nearly a percentage point since late September, buyers appear to have “recalibrated expectations” — and home sales have improved.January 2, 2025
- The Ten: How mortgage rate head fakes foiled a real estate recovery2024 was supposed to be the year that home sales bounced back, but rates, inflation (and buyers) had other plans.December 31, 2024
- Why renters — and listings — aren’t budgingIt’s (still) all about home prices. Inventory is up, but much of it is stale, while flattening rents are keeping renters in their homes longer.December 30, 2024
- MLS, association execs expect membership declines in 2025As a weak market and dissatisfaction with NAR drive attrition, more leaders are considering opening MLS access to non-Realtors, a recent survey found.December 30, 2024
- Mortgage rates at highest point since July despite cuts“Buyers and sellers are gradually returning” but inventory could take a hit if homeowners stay locked in to their lower rates, experts say.December 26, 2024
- The Ten: The outsider who took on forms — and then NARWhen law professor Tanya Monestier started looking into buyer agreements, she never expected to become a leading voice in NAR’s biggest battle.December 24, 2024
- Housing market looking less attractive to investorsBut there is still competition for homes, especially at lower price points, where first-time buyers cross paths with buyers on the investment side.December 20, 2024
- Home sales rally — but that may not last as rates riseExisting home sales rebounded in November, pushing annual sales past the 4 million mark. A big jump in mortgage rates may quash momentum, however.December 19, 2024
- Fed cuts rates, but resets expectations for 2025Look for just two cuts next year — half the number previously forecast — as the Federal Reserve predicts inflation will remain high.December 18, 2024
