By the NumbersLittle chance of an inventory explosion this yearATTOM’s midyear review looks at where housing supply is headed along with what to expect with home prices and foreclosures.Dave GallagherJuly 1, 2024
IndustryLawsuits pile up against EasyKnock“More than two dozen people” in Texas have sued EasyKnock over its sale-leaseback program, an NPR investigation found, adding to the company's legal woes.AJ LaTraceJuly 1, 2024
AgentsHow much do buyers care about mortgage rates?A recent survey found that most successful buyers aren’t put off by rate levels, but for those who’ve paused their search, high rates are a top concern.Robert DavisJune 30, 2024
MLS/Assn3 top takeaways from NAR’s meeting with the DOJThe Department of Justice is keeping a sharp eye on the industry as the August 17 deadline for settlement-mandated practice changes draws closer.Stephanie Reid-SimonsJune 29, 2024
TechZillow and Redfin accused of violating user privacyA California lawsuit alleges that the home search portals used tracking technology to gather and share data without consent.Dave GallagherJune 29, 2024
BrokeragesBrokerage Beat: News from KW, Christie's, BHGRE, The Agency, RE/MAXKW gains Austin indie; Christie's Sereno expands in Wine Country; BHGRE grows in Colorado; The Agency opens in White Rock; RE/MAX nabs large Canadian firm.Real Estate News StaffJune 29, 2024
MLS/AssnREcolorado board removed as buyer is unveiledThe Realtor association owners of the MLS said the decision was made “in the best interests of our collective membership” following confidentiality violations.Stephanie Reid-SimonsUpdated June 29, 2024
MLS/AssnC.A.R. responds to harsh criticism of its buyer agreementThe California association said the Consumer Federation of America’s assessment was “misguided” and that its forms will be fully compliant.AJ LaTraceJune 28, 2024
IndustryMore commissions cases paused ahead of November hearingTwo cases involving REBNY as well as the Nosalek case are now on hold, but a Pennsylvania case will move forward — and so will MLS PIN.Dave GallagherJune 28, 2024
BrokerageseXp harassment case dismissed, but assault litigation continuesA Nevada lawsuit was dismissed this week, but an amended sexual misconduct complaint filed in California could put company leadership back in the hot seat.AJ LaTraceJune 28, 2024
Industry'Unfiltered': Share your stories, not your sales volumeWatch the conversation with speaker and “crazy idea” guy Kyle Scheele as he explains how the power of storytelling can foster lasting client relationships.Real Estate News StaffJune 28, 2024
By the NumbersThe housing market is 'stuck' — maybe for a whileWhile interest rates continue to edge down, sales have not picked up heading into summer: “This will take many years to work itself out.”Dave GallagherJune 27, 2024
IndustryA tale of two buyer agreements, and why one triggered the DOJThe Consumer Federation of America blasted C.A.R.’s agreement but praised eXp’s contract. A CFA Fellow told Real Estate News he was “stunned” by the contrast.AJ LaTraceUpdated June 28, 2024
MLS/AssnSale of leading MLS ‘may bring added uncertainty’A statement from REcolorado says its potential sale to a private equity firm is not the best way to separate MLSs from Realtor association ownership.Stephanie Reid-SimonsJune 27, 2024
By the NumbersNew home sales plummet, but prices barely budgeMay sales were well below April numbers and down 16.5% year-over-year, a sign that builder incentives may not be enough to overcome high rates and prices.Dave GallagherJune 26, 2024
MLS/Assn‘Ongoing antitrust litigation’ prompted deal to sell leading MLSAssociation owners of REcolorado say now is “the right time to sell” and that decoupling MLSs and associations can provide protections and improve operations.Stephanie Reid-SimonsJune 25, 2024
IndustryReal estate pros deeply dissatisfied with NARWhen asked to evaluate NAR’s overall performance, 62% of respondents in a T3 Sixty survey said they disapproved of the organization.AJ LaTraceJune 25, 2024
BrokeragesBrokerages ask court to dismiss buy-side commissions caseThe five defendants in Batton 2 — Compass, eXp, Redfin, Weichert and United — filed a joint motion, arguing that the claims are untimely and lack merit.Dave GallagherJune 25, 2024
MLS/AssnDeal in place to sell REcolorado to private firmThe associations that own the 16th-largest MLS surprised its leaders with a deal that “scared the absolute hell out of us,” REcolorado’s vice chair said.Stephanie Reid-SimonsJune 24, 2024
BrokeragesEngel & Völkers settles in commissions caseThe global brokerage reached an agreement with home sellers last week, according to a court filing.Dave GallagherJune 24, 2024