MLS PIN deal delayed after DOJ raises ‘significant concerns’
This is the second time the settlement agreement reached by MLS PIN in the Massachusetts buyer-broker commissions lawsuit has come under fire.
Updated October 3, 2023
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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- In Focus: Lone Wolf forges ahead, prepares to unveil new platformThe real estate software company believes innovation is critical in a down market, says “there is always a way through.”September 30, 2023
- Zillow wins case over how it handles non-MLS listingsA jury decided that Zillow did not harm The Real Estate Exchange, known as REX, by moving its listings to a secondary tab with less traffic.September 29, 2023
- A win for Rapattoni as Cincinnati MLS members vote to keep itIn the wake of a cyberattack that knocked the Ohio MLS offline in August, the organization rushed to roll out a new system, but bugs frustrated agents.September 29, 2023
- Mortgage rates soar to 23-year highEven as interest rates climb, home prices aren't budging, a combo which may "put the brakes on the housing market."September 28, 2023
- Compass lands $5 billion firm in Central TexasThe acquisition of Realty Austin and Realty San Antonio will significantly boost Compass' annual sales volume in Texas.September 27, 2023
- Affordability driving Sun Belt moves, despite climate risksThe latest Redfin migration report found that more home shoppers are looking at lower-cost cities that have seen increasing climate-related dangers.September 27, 2023
- Case-Shiller: Home prices peaked this summerPrices in July topped last year’s high, but slowing demand due to elevated mortgage rates is expected to bring price declines and soften new home sales.September 26, 2023
- What happens to real estate when the government shuts down?Housing market impacts could include mortgage delays, declining consumer confidence and — perhaps — a small dip in mortgage rates.September 25, 2023
- Amazon committing $40 million to support homeownershipThe tech giant announced its latest effort to promote housing, focused specifically on homebuyers.September 25, 2023
- NAR’s 'concrete actions' include outside counsel, task forceAn email sent by CEO Bob Goldberg to staff on Thursday promises an independent assessment of company policies and practices.September 22, 2023
- Attorneys scuffle over evidence as commissions trial approachesBoth sides in the Sitzer/Burnett case filed motions over the right to use — or exclude — evidence from parties who have already settled.September 21, 2023
- Mortgage rate relief? Not this yearRates inched up this week, and with Fed signals that interest rates will remain “higher for longer,” buyers may continue to face tough options.September 21, 2023
- Home construction slowed in August as builder confidence fellThe multifamily sector saw the largest monthly declines, but single-family starts were also sluggish as mortgage rates remained high.September 19, 2023
- 'Day of action' brings calls for change to NAR’s doorstepThe NAR Accountability Project and its allies laid out their four-point plan during an event outside the organization’s Chicago headquarters on Monday.September 18, 2023
- RE/MAX makes $55 million deal to settle commission lawsuitsThe settlement agreement leaves NAR, HomeServices of America and Keller Williams as defendants with an Oct. 16 trial date looming.Updated September 18, 2023
- As mortgage rates rise, so does buyer’s remorseCanceled deals impacted nearly 16% of homes under contract in August as elevated interest rates and home prices led to sticker shock for some buyers.September 15, 2023
- MLS-owned search platform adds South Florida listingsNestfully, a consumer home search site launched earlier this year by the country's two largest MLSs, expands coverage with new listings.September 15, 2023
- A fall reprieve unlikely as mortgage rates inch upWith inflation proving tough to tame, 7% mortgages may be the norm for a while.September 14, 2023
- What’s turning homeowners into sellers? Getting back to the officeA new Redfin survey found that a significant number of people who moved during the pandemic may need to move back, even if they lose money.September 13, 2023
