Industry News

The changes, which include an overhaul of the California Environmental Quality Act, target affordability and the housing shortage, the governor’s office said.

Northwest MLS says the April lawsuit should be tossed, arguing in a new filing that the brokerage giant “cannot have it both ways” with listings.

The bill’s advancement shows that the Trump administration and Congress “respect the voice of our members,” according to NAR’s Shannon McGahn.

The case involving Clear Cooperation and Mauricio Umansky’s pocket listings network has been revived as The Agency founder makes good on his threat to sue NAR.

The home search site intends to officially oppose Compass’ preliminary injunction motion by July 18.

As of June 30, home listings that aren’t widely available may be kept off the nation’s top search site, prompting a lawsuit from Compass and praise from others.

Assumable mortgages have been largely ignored by the lending industry, but that’s a missed opportunity in an era of sidelined buyers and sellers. Here’s why.

Negotiations aren’t expected to wrap up until September. Plus, the president dismisses inflation data as he looks for a new Fed chair; GSEs consider crypto.

Robert Reffkin claims the new standards will “cause irreparable damage” and suggested that Zillow and Redfin execs were working together to force Compass’ hand.

Zillow is “abusing its monopoly power,” Compass CEO Robert Reffkin said. Zillow says its policy is designed to ensure homes are marketed to all consumers.

“I think we’re in a good spot,” a Fed official said. Plus, the FHFA director is upset about high rates; the Senate considers selling federal land for housing.

Jimmy Burgess will lead coaching efforts, while Long Realty CEO Renee Gonzales was named VP of core services integrations. Plus, NMB adds chief culture officer.

Real estate professionals must learn how to manage change, and those who operate with integrity and professionalism are the ones who will come out ahead.

Plaintiffs accused the iBuyer of misrepresenting its AI-powered system and relying on human processes that put it at risk. Opendoor has denied wrongdoing.

Could a new market emerge around homebuyers taking over a seller’s existing low interest rate loan? One proptech veteran thinks so.

The NAHB addresses housing affordability on Capitol Hill. Meanwhile, Democrats are requesting information on Fannie Mae and Freddie Mac privatization efforts.

Based on the number of claims filed by the May 9 deadline, each home seller could receive around $250 from the over $1 billion settlement fund.

When an early investor challenged Rich Barton to imagine building Zillow without a marketing budget, he realized an enticing product can create its own buzz.

As insurance rates skyrocket in areas prone to extreme weather, agents need to make sure homebuyers understand those costs to avoid problems at closing.

The troubled iBuyer laid off 40 employees on June 11 as it scrambles to lift its stock price above Nasdaq’s $1 threshold.