Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. FTC reaches a settlement with Zillow and Redfin syndication Nearly a year after the Federal Trade Commission (FTC) filed an anti-trust lawsuit against Zillow and Redfin over an “illegal anti-competitive agreement,” the parties…
Above, Federal Reserve Chairman Kevin Warsh Real estate professionals anxiously awaiting lower mortgage rates may not see a decrease anytime soon, as it remains uncertain what action the Federal Reserve will take at its September meeting. In his debut speech at the 2026 Jackson Hole Economic Policy Symposium Friday in Wyoming, Fed Chairman Kevin Warsh…
The newly named Real REMAX Group announced on Aug. 24 the successful completion of the previously announced business combination between The Real Brokerage Inc. (Real) and RE/MAX Holdings, Inc. (RE/MAX Holdings). The companies said in filings with the U.S. Securities and Exchange Commission that all customary closing conditions had been met. Real’s common shares and…
Minutes before a high-stakes trial was about to begin, the Federal Trade Commission (FTC) announced that Zillow has agreed to “unwind” its $100 million partnership with Redfin in the rental listing market, after it accused Zillow of an unlawful buy-out to decrease competition for rental listings. Redfin will be required to re-start its rental business…
Editor’s note: after this story published, Zillow and Redfin struck an agreement with the FTC to avoid trial, amending or unwinding significant portions of their partnership. Read the full story here. At 10 a.m. Eastern Time on Monday, August 24, portal rivals Zillow and Redfin will face a judge in Virginia federal court, and defend…
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…
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