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July’s employment report suggests the labor market has been weakening for some time, which could prompt the Fed to cut rates in September — if inflation eases.

A Pennsylvania judge dismissed a 2024 case challenging mandatory membership requirements just a week after a similar suit was dismissed in Texas.

CEO Leo Pareja said it was “a great indication” that eXp’s recruiting and retention strategies are working. Revenue was up slightly in Q2 as losses improved.

In just three weeks, nearly 200,000 people clicked the new “Get Prequalified” button on Redfin listings, sending new purchase leads to the mortgage giant.

The latest economic and housing data suggests that home sales will continue to plod along at a slow pace as buyers and sellers wait for more certainty.

Merri Jo Cowen, who leads Florida’s Stellar MLS, will step down next year to focus on promoting global MLS practices. COO Shayne Fairley will take over as CEO.

Revenue was up 21.1%, profits nearly doubled and agent count surged in Q2. CEO Robert Reffkin also took time to blast portals and MLSs over listing policies.

Despite increasing calls for cuts, Fed Chair Jerome Powell held steady on rates as inflation remains elevated, and he has made “no decisions about September.”

Luxury Presence unveils “autonomous AI marketing team” for agents. Plus, Anywhere adopts Canva, York Baur joins Lone Wolf and more tech news.

The suit revolves around nearly 50,000 watermarked rental images that CoStar alleges Zillow is using illegally — and syndicating to Redfin and Realtor.com.

Buyers have more leverage now than in recent years, but economic concerns are making them cautious in their home purchase decisions, two new reports suggest.

While revenue fell 7.3% in the second quarter, profits and margin performance were up, and global agent count reached an all-time high.

Flex Listings allows sellers to “ease into the market,” Unlock says. Plus, Stellar MLS bolsters market data; NWMLS integrates voice-activated search tool.

CEO Ryan Schneider said “the talk of prices falling is a little overstated” as he highlighted gains in luxury and “near record levels” of agent retention.

Ryan Weyandt, who resigned from his leadership position at the nonprofit in December 2024, is also facing unrelated felony charges in Minnesota.

A slew of economic data is due out in the coming days. Meanwhile, the Fed will make a decision about interest rates, and the trade deal deadline ends Aug. 1.

The appeal is understandable, but many agents who choose a high commission split model today may not have the foundation they need to make the most of it.

Watch the conversation with Ed Zorn, CRMLS VP and general counsel, as he shares his take on several pending lawsuits and the fate of the Sitzer/Burnett appeal.

Kansas and Maryland indies align with C21; eXp enters its fourth global market this year; Douglas Elliman launches mortgage division; more.

While U.S. buyers saw home prices rise year-over-year, those using other currencies are getting discounts, which could spur foreign purchases.