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This week’s rate adjustment was expected, but the Fed indicated a December cut isn’t guaranteed. Meanwhile, pending sales fell flat despite earlier rate drops.

The company is also bolstering its AI offerings to “reduce manual or low-value processes across the organization,” execs said during a Q3 earnings call.

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.

Plus, a Cloze-Courted integration; AI renovation startup launches; Rayse expands with SFAR partnership; REA Group acquires majority stake in Planitar.

The share of newly built homes for sale is at the lowest level in four years as builders scale back and existing home inventory rebounds.

The central bank’s short-term interest rate cut on Oct. 29 was already priced in, economists say, which means mortgage rates may not drop much more.

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.

The year-old case challenging the association’s membership rules was appealed after a July dismissal; the higher court has now dismissed the suit as well.

It was like Coke bought Pepsi when Zillow bought Trulia a decade ago, declaring a truce in what was then its biggest battle for home search dominance.

New broker group says the association must put words into action if it hopes to “quiet the masses that believe NAR is lip servicing the changes being made.”

The brokerage is requesting blog post drafts allegedly written in mid-April 2025. Meanwhile, a seven-year floor plans case comes to an end.

At NextHome, Charis Moreno is now CRO and Jim Fischetti is the new president of brokerage operations. Plus, Ashley Fidler becomes CPO at MoxiWorks.

The working group of 15 executives representing roughly 100K agents is pushing for "real changes" around finances, governance and legally vulnerable policies.

Plus, North Carolina’s ERA Live Moore partners with Missouri firm; new master franchises at KW, RE/MAX; marketing pro joins The Agency; United agents save big.

With the affordability strain already impacting real estate, higher inflation could further dampen buyer demand heading into the market’s slower time of year.

Zillow’s ChatGPT integration has sparked conversations about innovation, transparency and how the industry should navigate an increasingly AI-driven world.

Mortgage rates have dropped to 12-month lows, but pending sales have also fallen — an indication that buyers are cautious as the government remains shuttered.

REcore, a CRMLS data provider, dismissed the lawsuit it filed earlier this week over unpaid fees. The company had threatened to cut listing feeds to Homes.com.

The 30-year fixed-rate mortgage has steadily inched closer to 6% over the past few months — but economists are warning buyers that rates may not drop much more.

Most real estate pros agree: AI won’t replace agents. But those who use it to grow their business must do so responsibly and thoughtfully to keep client trust.