After their long-awaited meeting, the Federal Open Market Committee (FOMC) unanimously voted to raise federal funds rates by a quarter of a percentage point, moving the target range for interest rates 25 basis points, from 3.5%-3.75%, to 3.75%-4%. During a press conference following the meeting, Fed Chairman Kevin Warsh cited the data from this past…
Last night’s ruling in Zillow’s lawsuit against Chicago-based MLS MRED and mega-brokerage Compass represented a significant legal setback for the portal, even as the larger fight over policy and market power plays out on multiple fronts. A source close to MRED told RISMedia shortly after the court ruling that the MLS is prepared to enforce…
Zillow and Compass are making headlines once again, potentially facing further complications due to a new letter signed by a coalition of leading consumer groups to the National Association of Attorneys General, calling for an investigation into the two company’s practices. The letter—penned by 19 consumer groups, including the Consumer Federation of America, the American…
Aligning with recent data on faltering consumer sentiment and frustrations over elevated inflation, homebuilder sentiment fell in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report on Sept. 16. “The HMI shows builder confidence at its lowest level since September 2025, as tight lending conditions and elevated land, labor and…
Above, Harma Hartouni Reimagining what’s possible in real estate, Los Angeles-based Equity Union was created to be a completely unique real estate company—one that treats agents like clients and is genuinely committed to their growth, success and satisfaction. Meeting agents and brokers where they are today while providing a pathway to a more successful tomorrow,…
You remember the kickoff. The vendor on stage. The slick demo where the tool wrote a listing description in nine seconds and the room actually gasped. The email from leadership with the word “future” in it. “Revolutionary.” “Groundbreaking.” Buzzword, buzzword, buzzword. The best new thing you never knew you needed and, if we’re being honest,…
PropStream has announced its attendance at BPCON 2026, taking place October 2-4 at the Hilton Orlando in Orlando, Florida. According to a release, BPCON brings the BiggerPockets community together for three days of real estate investing education, strategy and networking. More than 1,500 attendees, from first-time investors to seasoned portfolio managers, will have opportunities to…
In yet another sign that the housing market is still in a state of flux, more American homeowners owe more on their mortgages than what their properties are worth in Q2 2026 than in Q2 2025. Real estate data company ATTOM reported that 3.2% of mortgaged residential properties are underwater, the term used where the…
The post Drowning in Debt: Q2 Underwater Mortgages on the Rise appeared first on RISMedia.
A major ruling in the antitrust battle between Zillow and Midwest Real Estate Data (MRED) came down Tuesday night when Judge John Tharp in the Northern District of Illinois denied Zillow’s motion for a preliminary injunction, effectively making way for MRED to cut Zillow off from its feed and lifting a temporary restraining order that…
The post Court Denies Zillow in MRED Case appeared first on RISMedia.
What is a “private” listing? Short answer, not everyone agrees. Cooperation—that is, brokers sharing their listings with all other real estate professionals in order to facilitate a sale—has long been the default practice in residential real estate. The National Association of Realtors® (NAR) traces the first precursor to a “multiple listing service,” or MLS, back…
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