Capital gains exclusion bill draws more backers in Senate, House
The More Homes on the Market Act now has 174 co-sponsors in D.C. Plus, consumer advocacy groups raise objections about proposed mortgage lending rule changes.
August 11, 2026
Industry News
The trends, shifts and services affecting the industry as a whole.
- MLSs must hand over listing data in Sitzer; NAR, Umansky at oddsFlexmls had refused to release MLS data on its platform. Plus, a special master in Sitzer/Burnett is accused of bias; FTC, Zillow want witnesses nixed; more.Updated August 11, 2026
- Trump renews threat to oust Fed Governor Lisa CookThe central bank official, who began fighting mortgage fraud allegations about a year ago, was given until Aug. 26 to respond to the White House’s claims.August 7, 2026
- Heavy-hitters back Zillow’s SCOTUS petition in securities caseFormer SEC and U.S. Chamber of Commerce officials, among others, are urging the court to grant Zillow’s request for review of an investor lawsuit filed in 2021.August 7, 2026
More in Industry
- Rocket ‘executing ahead of plan’ with profitability at 4-year highA year after closing its acquisition of Redfin, the mortgage giant said the share of buy-side clients coming in through the portal is nearing its target level.August 6, 2026
- Zillow beats Q2 forecasts with 18% spike in revenueA day after laying off 500 employees, the portal giant reported positive momentum in Q2 — but the company’s stock price still fell in after-hours trading.August 5, 2026
- C-suite changes at Zillow, HomeServices and RPRZillow’s CFO adds COO to his title, while a Google lawyer joins the company as chief legal & policy officer. Plus, HSoA and RPR promote longtime execs; more.August 5, 2026
- New deal gives Zillow ‘uninterrupted’ access to Realtracs feedThe portal said its Listing Access Standards, which were at the heart of its conflict with the Tennessee-based MLS, “remain in full effect” in the region.August 5, 2026
- Opendoor targeting profitability by end of 2026With revenue up from Q1, the iBuyer is “incredibly bullish” about the future. We're “setting ourselves up so we can have an excellent 2027,” the CEO said.August 5, 2026
- Zillow cuts 500+ roles ahead of Q2 earnings releaseIn an online statement, CEO Jeremy Wacksman said the staff reductions would help the company maintain a “disciplined cost structure” and improve efficiency.Updated August 4, 2026
- Kelley Blue Book Homes opens to consumers in 11 statesThe company said its new platform, which launched for agent applicants last month, aims to provide property valuations within 3% of a home’s final sale price.August 3, 2026
- Fraudsters finding new ways to evade rental listing safety checksAs bad actors employ new tech to level up, “we’re finding that becoming human-centric is essential,” said Eric Taylor, head of trust and safety at TurboTenant.August 3, 2026
- Compass data suggests listing on Zillow comes at a costThe brokerage released an analysis of its listings showing that those posted on Zillow sold for 1.3% less than “banned” listings. Some experts disagree.July 31, 2026
- CoStar improves profitability but fails to wow investorsDespite again reporting year-over-year revenue growth, CoStar’s share price fell amid investor queries about Homes.com and headwinds in the rentals space.July 28, 2026
- Court steps in to assist with Sitzer/Burnett, Gibson settlementsTwo special masters were appointed to oversee the distribution of funds. Plus, eXp sexual assault case headed to trial; intervention requested in Tuccori; more.July 28, 2026
- Judge dismisses case alleging Zillow violated RESPA, RICO lawsThe Taylor case claimed Zillow incentivized partner agents to steer homebuyers to its mortgage division. The plaintiffs can refile, but must do so by Aug. 17.July 27, 2026
- Compass’ chief economist has his eye on the AI housing boomTech wealth is having a “really dramatic” impact on housing in San Francisco, Mike Simonsen said. What he wants to know is when — or if — the trend will spread.July 27, 2026
- Berkshire Hathaway closes acquisition of ‘best-in-class’ builderThe $8.5B deal brings Taylor Morrison under the conglomerate’s umbrella, helping Berkshire realize its “vision for a unified site-built homebuilding operation.”July 24, 2026
- Compass says phased marketing delivers 4.6% sale price premiumThe company published new data today on more than 70,000 closed Compass listings that indicates pre-marketed homes sell for more and go under contract faster.July 24, 2026
- Private listings don't expand consumer choice — they narrow itWhen agents and brokerages limit access to information, consumers are unable to weigh all their options, inherently constraining their range of choices.July 24, 2026
- PLACE names new EVP; SERHANT adds luxury sales execProptech veteran Mike Ryan joins PLACE as EVP of business development. Plus, Nick Janovsky will oversee luxury sales for SERHANT along Florida’s Gulf Coast.July 23, 2026
- New wrinkle in commissions settlement as Flexmls withholds dataThe Sitzer/Burnett plaintiffs filed a motion today after FBS “refused” to provide listing and seller data MLSs agreed to release per the settlement terms.July 22, 2026
- Judiciary subcommittee summons Compass, MRED CEOs for briefingAs part of an antitrust review, Robert Reffkin and Rebecca Jensen have been called upon to answer questions about their companies’ private listings partnership.July 22, 2026
- Windermere appoints first C-level growth leaderDiana Wall brings nearly 30 years of experience to her role as chief growth officer. Plus, Windermere Signature Properties President and CEO Pat Shea to depart.July 20, 2026
