The “high-stakes” Chicago-based legal battle between Zillow, Midwest Real Estate Data (MRED) and Compass continued to evolve today as parties argued expectations about discovery and the path ahead for the case. Following a hearing last Friday where Judge John Tharp stepped between the parties in regard to the cut off of listing feeds from MRED…
Above, Jared Oliver Like most experienced residential real estate professionals, Jared Oliver knows his territory as well as—or better than—everyone. While he was surprised to learn that Zillow recently tabbed his core area, Jacksonville, Florida, as the best market for first-time buyers this spring, he certainly knew why. “It’s easily a third of the buyers…
The housing market continued to cool in March, with home prices posting yet another weak annual increase, according to the latest S&P Cotality Case-Shiller National Home Price NSA Index released Tuesday. The March S&P Cotality Case-Shiller Home Price Index saw a 0.7% year-over-year gain in home prices, down from a 0.8% rise in February. Month-over-month,…
Data and marketing firm PropStream has announced its attendance at InvestHer Con 2026 June 14-16 in Scottsdale, Arizona. According to a release, the event offers a curated experience for female real estate investors to learn actionable tips on scaling their businesses on their own terms. To help prepare for real investing challenges, example scenarios will…
Consumers’ view of the U.S. economy has been shaped by the ongoing conflict between the U.S. and Iran, which has boosted inflation in large part due to rising energy prices. The uncertain timeline for an end to the conflict has in turn led to an uncertain economic outlook, including by those at the Federal Reserve.…
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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow regains Chicagoland’s listing feed after court order On Friday, May 22, Judge John Tharp ordered MRED to continue feeding Zillow listings after Zillow filed a temporary restraining order against the MLS the…
Consumer sentiment experienced a third consecutive month of decline this month, per the University of Michigan’s closely watched survey of consumers. Consumer sentiment went from 49.8 in April to 44.8 in May, a 10% drop. The dramatic decline underscores how severely the Iran conflict, combined with soaring energy prices and trade uncertainty, has eroded American…
The economy has seen numerous challenges over the past few months, from a soft but improving labor market to high inflation. The latter, largely attributed to the ongoing U.S.-Iran War and resulting energy price spikes, has also driven mortgage rates upward, and the Federal Reserve has signaled willingness to increase interest rates if inflation continues…
Michael Sherman leads Zillow Rentals, overseeing the business and product teams responsible for Zillow’s rental marketplace. Since joining Zillow in 2012, Sherman has held leadership roles across several of the company’s businesses, focusing on building products and partnerships that create value for both consumers and industry partners. Under Sherman’s leadership, Zillow Rentals has grown into…
Zillow is asking a federal judge for emergency relief after Chicago’s dominant MLS, Midwest Real Estate Data (MRED), cut off access to more than 30,000 residential listings, a move the online real estate platform characterizes as an illegal retaliation orchestrated with competitor Compass. In a motion May 21 in the U.S. District Court for the…
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