Above, the Everett McKinley Dirksen Courthouse in Chicago where the hearing is taking place. Photo by Clarissa Garza. CHICAGO—Zillow, Midwest Real Estate Data (MRED) and Compass squared off in a Chicago courtroom Wednesday in a preliminary injunction hearing, kicking off two days of testimony, where a federal judge will decide whether Zillow can continue banning…
As everyone in real estate knows, the market is in a constant state of ebb and flow. While the same trends have been persistent in housing in recent years, the ways in which they affect the market and what challenges are dominant have been in a state of change. Certain trends, such as the downward…
The post Investors Still Players in the Market—A Look at Current Housing Trends appeared first on RISMedia.
In the continued evolution of the MLS landscape as of late, California Regional MLS (CRMLS) recently announced a “Limited Exposure in Coming Soon” option for listings. A post on the MLS’s Knowledgebase blog details that the option will prevent a designated listing from being circulated through IDX feeds. Specifically, CRMLS stated that the new option…
Aspiring first-time buyers may want to consider settling down in Detroit, Virginia Beach or Warren, Michigan, where a typical household would need just a few years to save the median down payment. This, according to new analysis from Rocket that estimates the time it would take a typical household to save for a down payment…
After a negative report in late May, which came on the heels of three months of gains, nonprofit research firm The Conference Board’s Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, inched up by 0.6 points to 91.2 in June, up from a downwardly…
Editor’s note: RISMedia will be on the ground in Chicago this week to provide live coverage of the hearing. Stay tuned to RISMedia.com for the latest updates. A long-simmering dispute between Zillow and Chicago-based MLS Midwest Real Estate Data (MRED) exploded into a public battle last month, ending up (like many recent industry disputes have)…
Leading Real Estate Companies of the World® announced it will be adding Landtrust Agency Network to its Solutions Group program of preferred business resources for its global network of 500 marketing-leading real estate firms. Landtrust Agency Network, a partnership platform for real estate brokerages, seeks to operate or expand affiliated title services without operational burden,…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow-MRED-Compass Heads for Testimony July 1-2 RISMedia will be on the ground in Chicago July 1-2, covering the high-stakes trial between Zillow, Midwest Real Estate Data (MRED) and Compass. The preliminary injunction hearing…
Above, from left, Michael Wurzer, Cameron Paine, Melissa King, Garry Marsoubian and Justin Landon From the abolition of the three-way rule to the creation of private listing environments, MLSs are navigating new territory and reinventing themselves and the role they play with brokers and agents. In an upcoming session at RISMedia’s CEO & Leadership Exchange,…
Online national real estate firm Address Realty USA has announced that Eddie Sturgeon has joined the company as chief growth officer, aiming to strengthen the company’s leadership team as it expands its national brokerage and consumer platform strategy. Sturgeon brings over 18 years of experience in helping real estate organizations grow both domestically and internationally.…
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