As the question of affordability looms over homebuyers’ heads, recent reports by economists generally agree that the housing market is weighed down by economic and global constraints—though a new report offers some near-term reasons for optimism. The latest monthly Leading Economic Index (LEI) by nonprofit The Conference Board highlighted slight growth in many forward-looking metrics,…
New York looks likely to become the latest state to create restrictions on private listings. On June 1, the New York State Senate passed the Fair and Transparent Real Estate Listings Act, after amending the bill to include an opt-out option for sellers. The act’s intention is to prevent properties from only being available on…
Above: Keller Williams’ Mega Camp (photo courtesy of Keller Williams) Consumers aren’t spending that much. They aren’t confident in their earnings. They aren’t looking for jobs. Yet real estate keeps chugging along, Keller Williams Co-Founder Gary Keller noted in a speech to the company’s agents yesterday, in which he focused on the macro picture, including…
An appellate court today denied multiple appeals that had sought to overturn the National Association of Realtors®’ (NAR) 2024 settlement agreement, putting a legal period on the end of the seven-year long commission lawsuit saga that upended real estate practices and undermined NAR’s standing in the industry. A panel of three judges for the Eighth…
The term is being thrown around in the media a lot these days: “K-shaped economy,” which refers to an economy where two elements are heading in opposite directions—usually focused on different income levels. While this designator can be used to parse out many economic sectors or scenarios, a new Realtor.com® report said the K-shape is…
The plaintiffs who filed a recently dismissed lawsuit against Zillow over alleged steering to the portal’s mortgage services are looking to reopen the class action with an amended complaint, filed yesterday. The suit—originally filed back in November 2025 and later consolidated with another similar lawsuit Taylor v. Zillow—alleges that referrals to Zillow Home Loans are…
Economic uncertainty continues to push builders to temper their expectations (and pace of construction) based on the latest monthly new residential construction report by the U.S. Census Bureau. The Bureau’s report for July states that privately owned housing starts were at a seasonally adjusted annual rate of 1.24 million. This is a considerable decrease (12.4%)…
Redfin, the real estate brokerage powered by Rocket, announced on Aug. 17 a partnership with Winnie—one of the largest marketplaces for childcare and early education in the U.S.—to bring local childcare information to every for-sale home listing on Redfin. Home searchers can now view daycare and preschool options closest to each listing, along with details…
Real estate’s Multiple Listing Service (MLS) was built on a century of shared data and mutual trust among brokers. Now, a panel of industry executives says that trust between agents and consumers is fraying as more properties get pulled into private listing networks. And, increasingly, panelists warn trust and cooperation between rival brokerages is wearing…
Consumer attitudes toward the economy reversed course as sentiment fell by nearly 8% so far for August. The University of Michigan’s monthly preliminary consumer sentiment survey reported a sharp decline. On a month-over-month basis, consumer sentiment dropped by 7.6%, ending the nation’s two-month streak of consecutive growth. The decline is more severe on an annual…
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