In another tense back and forth between CoStar Group and an activist investor, hedge fund The D.E. Shaw Group criticized what it called the company’s latest “attempt to evade accountability for longstanding and ongoing underperformance of Homes.com.” The new dispute comes about a month after D.E. Stevens first demanded that CoStar abandon its residential business.…
Inflation appeared to once again be on the right track for the Federal Reserve’s 2% goal, according to the latest data from the Bureau of Labor Statistics (BLS). However, economists are feeling uncertain about whether the trend will continue as the economy faces potential fallout from geopolitical issues—most notably, the war in Iran. The BLS’s…
Premier Sotheby’s International Realty names CFO, promotes two Premier Sotheby’s International Realty, headquartered in Naples, Florida, has named and promoted Abigail Tezniarz to chief financial officer and promoted Melissa Morehouse to associate vice president of marketing operations and Frank Russell to associate vice president of creative services. Tezniarz joined the brokerage in 2004 and has…
REMAX® has announced Rhode Island-based HomeSmart Professionals has joined its brand. Owned and operated by Dean deTonnancourt, the brokerage will now operate as REMAX Revolution, bringing more than 300 agents from six offices into the network. “Dean and his agents add to the leading market share REMAX has in Rhode Island, and we’re excited to…
Above (L-R): Jackie Louh, Lisa Sturtevant, Bess Freedman, Christina Pappas, Carrie Little, Michele Harrington and DeAnne Golden (upper row). Anam Hargey, Wendy Forsythe, Marisela Harper, Athena Peterson and Brenda Maher (lower row). During RISMedia’s 5th Annual Rocking in the New Year event on Jan. 8, a cohort of female leaders from across the industry shared…
California Regional MLS (CRMLS) has announced that it is expanding access to RealReports, the property analysis platform powered by the latest AI, to all users at no additional cost. Previously, RealReports was available as an opt-in product for individual CRMLS Associations via the Product Co-Op, as stated by the MLS. After seeing such enthusiastic adoption…
Ahead of the much-awaited spring season, existing-home sales have seen a modest improvement that has been characterized as a “potential” sign of increasing demand, according to the latest data from the National Association of Realtors® (NAR). NAR’s Existing-Home Sales Report saw a 1.7% increase in sales to a rate of 4.09 million in February, a…
Editor’s note: This is part two of a two-part story examining the impact of the Redfin-Compass deal. Read part one here. “Real estate isn’t a transaction. It’s a process.” Those words, from Compass CEO Robert Reffkin on the company’s recent earnings call, were in response to a question about how Compass agents can communicate value…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judges appear inclined to allow Anywhere copycat settlement to proceed Two federal judges last week denied a series of requests from the Batton plaintiffs—including a motion to intervene in the Tuccori case, a…
Recent months have seen reason for buyer optimism in the housing market, especially due to falling mortgage rates. The National Association of Realtors® (NAR), in its quarterly affordability report in February 2026, found moderating price growth, while the association has since found existing-home sales ticked up in February as well. Will these positive signs hold? …
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