Bright MLS has announced it will join a HouseCanary-powered program that surfaces home listings directly in Google mobile search results—a move that would make it one of the first major regional MLSs to plug into the initiative. Bright MLS covers six states—Delaware, Maryland, New Jersey, Pennsylvania, Virginia and West Virginia—and the District of Columbia, serving…
The Personal Consumption Expenditures (PCE) price index increased 0.7% in May, as the economy continues to absorb tariff impacts and Iran war-related disruption. Excluding food and energy (so-called “core inflation”), the headline PCE price index increased by 0.3%, according to the latest report from the Bureau of Economic Analysis. Year-over-year, the PCE price index increased…
A federal judge has ordered two of the real estate defendants in the high-stakes Taylor v. Zillow class-action lawsuit to resolve their claims through arbitration, effectively pulling them out of court proceedings for now. U.S. District Judge James L. Robart granted a motion to compel arbitration filed by Real Broker, LLC and Florida-based Frano Team…
Long awaited by the industry, the House officially voted Tuesday night by a vote of 358-32, to pass the updated and amended version of the 21st Century ROAD to Housing Act, an omnibus housing bill that now heads to President Donald Trump’s desk for final passage. The sprawling, bipartisan bill, which has been characterized as…
A federal antitrust lawsuit challenging the National Association of Realtors®’ (NAR) mandatory membership structure is heading to appeals court after a Michigan district court judge threw it out earlier this year. Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent—Michigan-based brokers and agents—filed their opening brief June 19 with the U.S. Court of Appeals for the…
Northwest MLS (NWMLS) on Thursday, defended its countersuit against Compass in the Western District of Washington, urging Judge Jamal N. Whitehead to allow the MLS’s fraud, Consumer Protection Act and tortious interference claims to proceed against the mega-brokerage in a high-profile battle over MLS policies that is likely to reverberate across the industry. Responding to…
Editor’s note: AI Pulse is RISMedia’s ongoing roundup of AI happenings, providing trends and real-world use cases to help navigate the rapidly evolving AI landscape. Startup asks homebuyers to host mini data centers in their backyards One of the largest current barriers to expanding the capabilities (or at least size) of frontier AI models is…
In his first Federal Open Market Committee (FOMC) meeting as Fed Chair, Kevin Warsh held rates steady and announced the formation of five task forces to review the Fed’s operations. He also stripped forward guidance from the policy statement entirely. The FOMC voted to maintain the federal funds rate at 3.5% – 3.75%, citing solid…
The multiple listing service has always been a simple concept. But like a lot of straightforward ideas, everything gets a lot more complicated once you need to address competing interests, stakeholder priorities and operational requirements. Even so, MLSs remained a relatively unquestioned foundation of real estate for decades—until now. For the first time in the…
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 lawsuit cost Zillow shareholders millions, new suit alleges A Zillow shareholder filed a securities class action in the Western District of Washington on June 9, alleging the company and its top executives…
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