Industry News

On day one of a hearing tied to Compass’ private listing ban lawsuit, attorneys painted sharply different pictures of the two real estate giants.

The search portal — and PLN opponent — released an analysis of MLS listings in Chicagoland suggesting that private listings reinforce racial segregation.

Amended filing in the Taylor case adds new defendants and confidential witness statements claiming Flex agents are pushed to steer clients to Zillow Home Loans.

With no access to Oct. or Nov. employment data before its meeting, a rate cut is uncertain. Plus, Dems want Pulte investigated; new CFPB head nominated; more.

REX asks SCOTUS to reconsider reviewing its antitrust lawsuit against NAR and Zillow. Plus, authorities ask for court guidance in an agent sex trafficking case.

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.