Billionaire investor Daniel Loeb’s hedge fund Third Point has launched a proxy fight against CoStar Group, nominating multiple directors to the company’s board and demanding the real estate giant exit its residential business entirely. In a letter released this morning, Third Point announced it would seek to replace a majority of CoStar’s eight-person board, marking…
A new Redfin report showed that roughly 40,000 U.S. home-purchase agreements were canceled in December 2025, equal to 16.3% of homes that went under contract that month. That’s up from 14.9% a year earlier and marks the highest December rate in records dating back to 2017. Based on a Redfin analysis of seasonal MLS pending-sales…
Patterson-Schwartz Real Estate announced the launch of its newly redesigned website in partnership with RELIANCEai™. Following a refreshed brand identity introduced late last year, the new website reflects the company’s continued evolution—combining deep local expertise, modern technology and a client-first approach designed to better serve today’s consumers, a release noted. “Today’s buyers and sellers expect…
Realty ONE Group International announced its 2025 year-end giving results, highlighting the significant impact made by its real estate professionals around the globe through ONE Cares, the company’s charitable foundation, according to a release. Throughout 2025, members of the ONE Family Network supported 240,292 community neighbors worldwide, contributed 8,467 hours of volunteer service and donated…
.RealEstate, an official partner of the National Association of Realtors® (NAR), announced the release of a new unified digital platform that helps real estate professionals build, launch and manage their online presence in one place. The launch follows the company’s August 2025 rebrand from Get.Realtor to .RealEstate and reflects its shift from domains to a…
Home-price growth continued its trend of deceleration in November 2025, holding steady at two-year lows and demonstrating the possibility of market growth, according to the latest data. The November S&P Cotality Case-Shiller Home Price Index found that home-price growth posted a 1.4% annual gain, the same rate as observed the month prior, which was noted…
The optimism of a new year does not seem to have brought a boost to U.S. consumer confidence—quite the opposite, in fact. According to the latest survey from the Conference Board, consumer confidence has fallen to its lowest level since 2014, lower even than the depths of the COVID-19 pandemic. “Confidence collapsed in January, as…
A new consumer class-action lawsuit was filed against Rocket Companies on Jan. 26 in the U.S. District Court for the Eastern District of Michigan. According to a press release announcing the action, the Michigan-based lending conglomerate is accused of forcing agents to steer clients toward using Rocket Mortgage. This move, according to attorneys at Hagens…
Forbes Global Properties has announced that Intero Real Estate Services has joined the global network in an expansion into the Bay Area in California. Headquartered in Silicon Valley, Intero Real Estate Services will represent the global network by bringing a powerful combination of local expertise, industry leadership and values rooted in trust, respect and integrity.…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR cleared in Sheth discrimination suit Judge Georgia Alexakis of U.S. District Court in the Northern District of Illinois Eastern Division dismissed the Sheth discrimination case against the National Association of Realtors® (NAR)…
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