Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass closes Anywhere acquisition In a regulatory filing on Jan. 9, Compass announced that its merger with Anywhere Real Estate was officially closed. The deal has faced much scrutiny from the real estate…
Above, Brian Miranda, left, and Willie Miranda Even as a youngster, the business wheels were turning in Willie Miranda’s head. As the oldest of three brothers, he worked as a teenager at fast food restaurants and pumped gas at a local station. But first, at age eight, he had a paper route, and decided brothers…
Federal Reserve Chair Jerome Powell—a target of personal attacks and intense pressure from President Donald Trump and others in his administration—is now facing a criminal inquiry over renovations to the central bank’s headquarters. In a highly unusual video message posted to the Fed’s website Sunday evening, Powell said that the Fed was served Friday with…
The Keyes Company has announced the addition of The Landmark IV Group (Landmark IV Realty) to its Hollywood office, further strengthening its presence in Broward County and South Florida. Led by broker Janie Berman and her daughter, Amy Berman, Landmark IV Realty has been a fixture in the Hollywood real estate market for decades, known…
Privately owned housing starts in October were at a seasonally adjusted annual rate of 1,246,000, 4.6% below the revised September estimate of 1,306,000 and 7.8% below the October 2024 rate of 1,352,000, according to a Jan. 9 report from the Census Bureau and the Department of Housing and Urban Development (HUD). The starts fell to…
The industry-shaking deal by Compass to acquire Anywhere officially closed today, creating a $10 billion brokerage behemoth that is likely to shift the power balance in real estate both short- and long-term, and shifts ongoing debates around listing transparency significantly more weighty. In a regulatory filing today, Compass said that the merger—first announced back in…
Corcoran Group LLC has announced the launch of Corcoran Wiley, expanding the brand’s presence in Virginia with a new franchise based in Charlottesville. Formerly operating as Wiley Real Estate, the brokerage is led by broker/owners Justin and Peter Wiley and will serve clients throughout Central Virginia and the greater Charlottesville region, a release noted. The…
CoStar, just under two years after launching what it described as the largest marketing campaign in real estate history to promote Homes.com, said yesterday that 2026 will see “meaningful moderation” in its investment in the portal, after some early stumbles sparked pushback from shareholders. In a press release, CoStar Founder and CEO Andy Florance promised…
Above, Kasey Jorgenson Round Rock, Texas-based Jorgenson Group is officially launching Jorgenson Real Estate, an independent brokerage, after 16 years operating within Keller Williams Realty (KWR), founder Kasey Jorgenson announced. The move marks a strategic shift for the Central Texas team, which has operated at scale for more than a decade and is positioning itself…
A recent academic study analyzing Zillow Home Loans (ZHL)—funded by the portal’s rival, CoStar—offers a new analysis of how Zillow’s policies and practices allegedly affect consumers, on the heels of a class-action lawsuit claiming the company is violating antitrust laws through mortgage referrals. The aforementioned lawsuit put Zillow in the hot seat by alleging the…
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