Industry News

A fatigued DOJ and regulator inaction may embolden legally risky industry practices. It’s up to consumers to push for change, CPC’s Stephen Brobeck believes.

The first Compass-Zillow hearing begins Nov. 18. Plus, Batton class status denied; Lutz trial date is set; Alexander brothers sex trafficking trial to proceed.

The firms appointed chief strategy officers this week as Elliman eyes global growth, BHS focuses on operations. Plus, Mary Frances Coleman joins American REA.

Plus, Fannie Mae tosses minimum credit score requirements; FHFA’s inspector general is fired; Treasury Secretary says Fed can end “housing recession”; more.

Watch the conversation as Errol Samuelson shares the “real significance” of Zillow’s ChatGPT integration and explains why IDX rules need to evolve.

As extreme climate events intensify, rising insurance costs and shrinking coverage are reshaping where — and how — Americans can afford to buy and own homes.

While monthly payments would be lower, borrowers would pay significantly more over the life of the loan — and take on more risk.

E&V Americas names Chris Pflueger EVP of expansion “to build the future of the brand.” Plus, LGBTQ+ Alliance presents its leadership team; Elliman hires CTO.

New lawsuit claims Zillow tied access to its Premier Agent and Flex leads to referrals for Zillow Home Loans, in violation of state and federal laws.

Revenue dropped year-over-year and net losses have increased, but Opendoor’s new CEO believes the iBuyer is now on a path to break even by the end of next year.

In San Francisco, where the typical home costs over $1M, new data indicates the share of on-MLS listings is rising — and off-MLS sellers lose significant sums.

The judge in the Batton case berated plaintiffs over the inclusion of sellers in their proposed class, but suggested two possible paths forward.

A Chicago-area MLS told brokers that listings from its “unique” PLN could be barred by Zillow, but later confirmed Zillow is delaying enforcement in the region.

Association veteran Lynda Fernandez will join LVR in January, while Charles F. Hunt will take over a century-old family firm with billions in annual sales.

Plus, a Fannie-Freddie IPO may not come until 2026, and the Senate advances an NAHB-backed bill even as the weeks-long government shutdown drags on.

The agent, who was told she violated Zillow's private listing ban, will testify in November. Plus, a new claim in eXp misconduct case; Batton damages revised.

Rocket is poised “to finish the year strong” as it brings “end-to-end integration to housing at a scale the industry has never seen," company execs said.

The company’s mortgage and rentals divisions drove significant growth during a quarter marked by lawsuits and “more noise around hidden listings.”

Trulia went from rival to teammate after Zillow’s 2015 acquisition, but new challengers emerged — including Rocket, with its purchase of Redfin, and Homes.com.

Ongoing investments in new tech, marketing and sales teams dragged down the company’s net income in Q3, though YoY revenue growth jumped again by double digits.