A federal judge has denied a joint bid by the Federal Trade Commission (FTC) and a coalition of states to win early rulings on core questions in their antitrust case against Zillow and Redfin—leaving disputes over how the market is defined and whether the companies’ $100 million deal is illegal to be resolved at trial.…
Bright MLS, covering a huge swath of territory across the Mid-Atlantic coast region, is currently the largest multiple listing service in the country. Being the largest often means that the decisions it makes will set the bar for smaller players—particularly in a time of rapid change and uncertainty. This week, Bright announced significant updates to…
Mortgage rates shifted slightly upward this week due to elevated inflation, and the hope for relief may be further delayed, according to the latest data from Freddie Mac. The latest Primary Mortgage Market Survey® saw the 30-year fixed rate mortgage (FRM) average 6.49%, up from 6.43% last week when it was at the lowest level…
The higher hopes for existing-home sales in June unfortunately were not met as the National Association of Realtors® (NAR) reported a decrease. However, not all hope is lost as several indicators in NAR’s data remain positive, and economists say there is still potential for a better path ahead. NAR’s Existing-Home Sales report saw sales fall…
Zillow has launched Zillow Pro℠, its premium membership for real estate agents that provides exclusive tools built to help create more personalized client experiences. Through the new membership, agents are able to invite buyers and sellers into their network to collaborate with them on Zillow, giving agents visibility into their Zillow activity and tools to…
From razor-thin margins to part-time agents, there is good reason for the consolidation currently underway in residential real estate. The question is, will the players left standing be the right ones? As private-equity and Wall Street money extend their tendrils further into the real estate landscape, concerns regarding their intention, integrity and capability to properly…
Sotheby’s International Realty (SIR) has announced the acquisition of Majestic Realty Collective (MRC), one of the most productive luxury real estate organizations in North America, according to the company, which included eight Sotheby’s affiliates. The acquisition expands SIR’s footprint across premier luxury and resort markets in the American West and aims to strengthen its presence…
In the ever-fluctuating mortgage environment of late, mortgage applications saw a decrease but were overall “little changed” this week as rates saw a slight uptick, according to the latest data from the Mortgage Bankers Association (MBA). MBA’s Weekly Mortgage Applications Survey for the week ending July 3, 2026 (with an adjustment for the Fourth of…
As housing affordability challenges remain, the square footage of new homes is shrinking as buyers are learning to prioritize. Per findings from the economics team of data platform Zonda Home (published by New Home Source), the average new home is about 2,175 square feet as of December 2025. This is about 125 feet smaller than…
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 iBuyer lawsuit requests new trial date A lawsuit by Zillow shareholders accusing the portal of “misleading” statements related to its short-lived iBuying business is aiming for a new trial date, with a…
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