As the corporate infighting continues between CoStar Group and billionaire investor Daniel Loeb’s hedge fund Third Point, with Third Point on Jan. 27 announcing it would seek to replace a majority of CoStar’s eight-person board, CoStar responded with a lengthy statement released on Jan. 28 highlighting new planned initiatives. “The CoStar Group Board of Directors…
Above: “Hoby” Hanna IV (left) and Art Herling (right) Howard Hanna Real Estate Services has entered the Philadelphia market through a partnership with longtime team leader Art Herling. According to the company, the move strengthens the company’s presence in Pennsylvania and extends its agent-first model into one of the region’s biggest real estate markets. “This…
The real estate industry is viewing 2026 with hearts full of hope. After a challenging few years since the pandemic, the housing market is due for a rebirth. Economists’ predictions across the board have shown a better future on the horizon, and Bright MLS Chief Economist Lisa Sturtevant is one of them. In her opinion,…
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…
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…
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)…
Nosy neighbors are one thing. They can be occasionally annoying. But noisy neighbors? They can be an endless drag. And for agents whose livelihoods rely on getting buyer clients through the long and winding path to closings, noise pollution can capsize otherwise promising deals. Condo buildings anywhere and co-op high-rises in urban areas are especially…
The Federal Reserve’s lineup is due to change this year; the term of Governor Stephen Miran (nominated by President Donald Trump to fill a vacancy last year) ends in January, and Chairman Jerome Powell’s tenure as Fed chair ends in May—with Trump indicating Jan. 21 that he is close to making a decision on Powell’s…
Consumer sentiment showed minor improvements as the first month of 2026 nears its close, with expectations toward the future looking mostly positive, according to the latest data. The University of Michigan’s latest Survey of Consumers found that the Index of Consumer Sentiment grew to 56.4 in January, up 3.5 points or 6.6% from December. The…
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