Above, Fed Chair Jerome Powell The Federal Reserve has announced its third interest rate cut of the year—its third in a row—closing out its final Federal Open Market Committee (FOMC) meeting of 2025. The FOMC announced at its December meeting today that it has cut interest rates by a quarter-percentage point. This follows a 25-basis-point…
Another year is almost in the books, and with it, a cavalcade of economists and experts seeking to peer into the future and predict the subsequent year’s housing market. As brokers and agents parse out their path forward, these big national trends are not always the most useful guidance—even when they are accurate. After many…
Real estate professionals are well aware that housing affordability and supply are in short order, but are lawmakers taking appropriate action? On Wednesday, December 3, 2025, the House Financial Services Committee held a hearing focused on policies to boost housing supply. In attendance to testify before the committee was National Association of Realtors® (NAR) Immediate…
Northwest Multiple Listing Service (NWMLS) has indicated its intent to assert counterclaims against Compass, according to a stipulated motion filed today in the U.S. District Court for the Western District of Washington. The development comes as both parties jointly requested an extension to the case schedule, pushing the jury trial date from June 8, 2026…
The Government Accountability Office (GAO) has launched an investigation into Federal Housing Finance Agency (FHFA) Director Bill Pulte over concerns he may have abused his position and government resources to target political opponents of President Donald Trump with criminal accusations. The probe, confirmed this week by the GAO—Congress’s independent investigative arm—and reported by Reuters follows…
The industry is two years post the historic outcome of the Burnett trial, and more than one year post-practice changes from the National Association of Realtors® (NAR), but the conversations surrounding commissions and compensation have yet to cease. Many could not agree a year ago how the changes in policy (i.e., the requirement of broker-buyer…
In a switch-up from the company’s previous stance, CoStar has filed an agreement to move its copyright infringement lawsuit against Zillow to Seattle, Washington. In a notice of non-opposition filed Dec. 2, CoStar stated it agrees to transfer the case to the Western District of Washington “in light of new information disclosed by Zillow in…
As the National Association of Realtors® (NAR) seeks to execute what the organization has described as a significant and broad-based turnaround, financial disclosures from 2024 provide the first glimpse into how—or if—that effort is showing up on the balance sheet, as Realtors® (and big brokerage leaders) closely scrutinize decisions made by NAR after multiple scandals…
The glum news stories seem endless…14,000 employees laid off from Amazon, 48,000 gone at UPS, and even with the government shutdown finally over, thousands of federal workers have been cut. The cruelest aspect is that so many of those folks who suddenly find themselves on unemployment were doing well at their jobs. What’s worse is…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Lawsuits against Zillow and Redfin consolidated A partnership between Zillow and Redfin has come under litigation, with both the Federal Trade Commission (FTC) and subsequently five state attorneys general filing to block the partnership on…
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