As mortgage rates and inflation remain elevated due to rising oil, gas and energy prices from the Middle Eastern conflict, the latest data from Mortgage Bankers Association (MBA) saw mortgage applications fall this week. MBA’s Weekly Mortgage Applications Survey saw mortgage applications decrease by 2.3% from one week prior, a 3% decrease on an unadjusted…
Another major acquisition, eXp acquiring NextHome, has reshaped the residential real estate landscape—and industry leaders are taking notice. In an exclusive RISMedia Industry Briefing, Leo Pareja, CEO of eXp Realty; James Dwiggins, president of NextHome; and John Featherston, founder and CEO of RISMedia, engaged in a lively conversation centering on the acquisition and what it…
The majority of listings in the Chicago area disappeared from Zillow this morning, around eight hours after a midnight deadline set by local MLS Midwest Real Estate Data (MRED), marking a dramatic escalation in a bitter, high-stakes dispute over restrictions on “private listings” that is playing out nationwide. A sharply-worded announcement from MRED that went…
The sweeping housing reform bill, the 21st Century Road to Housing Act, has passed the House of Representatives by a vote of 396-13, after previous reporting (via Politico) indicated that Speaker Mike Johnson and House GOP leaders had reached an agreement with President Donald Trump and the White House. Following the bill’s passage, National Association…
eXp explains reincorporation from Delaware to Texas The company provided RISMedia with the following statement following the successful vote: “With nearly 90% of our outstanding shares voting at this meeting and over 68% of votes cast in favor of redomestication, we believe the result is a genuine and powerful expression of stockholder sentiment. The Board…
Buyers appear to be continuing to dip their toes in the market at a modest rate, according to the latest data from the National Association of Realtors® (NAR). While pending activity is less than the hoped-for spring boom, it is still historically better despite consistent market and economic challenges. NAR’s April Pending Home Sales report…
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 sues Compass, MRED; Claims Compass engaging in “illegal conspiracy” On May 12, Zillow filed a federal lawsuit, claiming that, early this month, Chicago-based MLS MRED “demanded that Zillow reinstate Compass private listings…
Through a pilot initiative, tech giant Google is working with HouseCanary to bring MLS listings directly into Google Search, after a brief hiatus when the program initially launched late last year. The pilot is powered by HouseCanary’s ComeHome portal and is only available on mobile devices. It appears as a sponsored search result and includes…
Howard Hanna Real Estate Services has announced the launch of The Luxury Circle of Excellence, an invitation-only initiative designed to connect and elevate the company’s top-performing luxury agents across its 15-state footprint. The new program reflects Howard Hanna’s continued investment in the luxury real estate sector and created a collaborative network focused on referrals, market …
Constellation1 has announced the next evolution of HouseValues—the flagship seller lead platform from Market Leader—introducing new homeowner engagement tools, behavioral insights and real-time intent signals designed to help agents better identify and nurture seller opportunities. According to the company, the launch represents the most significant update to the HouseValues platform in more than 25 years. …
| Newer Posts | Older Posts |