Foreign buyers purchased $45.3 billion worth of U.S. existing homes from April 2025 through March 2026, a 19% decrease in dollar value of homes purchased and a 14% decrease in number of properties from the previous 12-month period, according to the National Association of Realtors®’s (NAR) 2026 International Transactions in U.S. Residential Real Estate report,…
After recently aligning with REMAX in June for its first major coup, the American Real Estate Association (ARA) announced on July 28 that Compass International Holdings has officially joined the organization. As with REMAX, agents affiliated with Compass’s portfolio of brands will have the choice to become members of ARA. This landmark move gives agents…
How good is powerful transaction management software if agents do not use it, brokers lack the insight and oversight they need and no one answers the phone when something goes wrong? And what happens if the company is sold to another firm you would not choose? Asking the right questions can reveal far more than…
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Above, Steve Mapes Bright MLS has announced that Steve Mapes has joined the company as Executive Vice President of Growth & Strategy, a new leadership role focused on expanding Bright’s market presence and accelerating the company’s long-term growth strategy. Mapes joins Bright from First MLS (FMLS), according to a release, where he served as Chief…
Up and down, up and down. Like a yo-yo dieter’s weight, consumer confidence in the U.S. seems to maintain a consistent pattern. It rose in June when tensions in the Middle East seemed to abate, following a dip in May, likely due to the war with Iran heating up. A ceasefire this past April had…
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U.S. District Judge Stephen R. Bough has appointed two “special masters”—third parties granted significant authority over witnesses, evidence and testimony—to audit JND Legal Administration’s billing in the Burnett and Gibson commission lawsuits against the National Association of Realtors® (NAR), capping months of scrutiny over the settlement administrator’s finances. The July 27 order names Chris T.…
Lone Wolf Technologies has announced the release of the next phase of its AI roadmap for BrokerMetrics®, the company’s brokerage analytics and market intelligence platform that aims to help brokers recruit and retain agents. Named ‘Talent,’ the first release is part of a broader roadmap and introduces “Aspen,” Lone Wolf’s AI teammate, which will be…
A judge dismissed a class-action lawsuit against Zillow and a real estate brokerage, saying that lawyers representing homebuyers who used Zillow’s mortgage services or were referred to agents through the portal’s lead-selling service did not meet the legal standard to move forward. Plaintiffs had alleged that Zillow’s practices were deceptive, violating RESPA, racketeering and consumer…
Above, from left, Creig Northrop, Eric Elfman, Kymber Lovett-Menkiti, Chip Murphy and Emmett Laffey While most believe the real estate agent exodus is ultimately a good thing for the industry, what does it mean for brokers when it comes to recruiting and retention strategies? In an upcoming session at RISMedia’s CEO & Leadership Exchange, being…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Federal lawmakers investigate MRED-Compass partnership A federal congressional committee sent letters to Compass CEO Robert Reffkin and MRED CEO Rebecca Jensen in relation to their partnership, scrutinizing the relationship between the nation’s largest…
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