While many across the industry were predicting interest rate cuts and a transition to a more balanced economy in 2026, the year so far has been shaping up a bit differently. Inflation remains elevated, mortgage rates are facing difficulty due to rising geopolitical tensions in the Middle East, and the Federal Reserve has yet to…
Per a filing with the Securities and Exchange Commission (SEC) and court documents, REMAX has reached a settlement agreement in the Batton commission lawsuit (the first and largest by homebuyers) and will pay $8.5 million to resolve claims that it implemented and enforced rules that harmed buyers. The news comes the day after Judge LaShonda…
Momentum seems to be building for Zillow Preview, with the portal announcing the addition of 24 additional brokerages to the program just one week after its launch. According to the company, Zillow Preview is designed to expand early visibility for sellers, agents and buyers at a critical moment in the home shopping journey, and the…
High prices and inventory constraints in the housing market have not just affected people looking to dive into the market through buying and selling, but have put a serious hold on the home-flipping segment of the market. ATTOM’s 2025 year-end U.S. Home Flipping Report found that a typical home flip earned $65,981 in gross profit,…
With mortgage rates rising due to higher oil prices from geopolitical tensions in the Middle East, mortgage applications saw another fall this week, according to data from the Mortgage Bankers Association. MBA’s Weekly Mortgage Applications Survey found that the Market Composite Index (a measure of mortgage loan application volume) fell 10.5% on a seasonally adjusted…
Zillow® has announced a multiyear partnership with Major League Baseball (MLB), becoming the official real estate and home rentals marketplace partner of MLB. The agreement spans the baseball calendar, from spring training and home openers through the postseason, and includes national broadcasting, streaming, digital and in-stadium integrations, the company stated. “Baseball is one of the…
A federal judge in Seattle has paused the discovery process in a high-stakes class-action lawsuit against Zillow, and gave at least some signal that the case could get tossed in its entirety relatively soon. U.S. District Judge James L. Robart granted Zillow’s request to pause discovery on March 23, halting all fact-gathering in the case…
A new survey from Zillow finds a striking reversal in market dynamics: by the fourth quarter of 2025, 51% of agents said market conditions were favoring buyers, the first time that had been true all year. From this same time last year, inventory is up 5%, the monthly mortgage payment on a typical U.S. home…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Hanna Holdings opts in to copycat buyer settlement Hanna Holdings has opted into a copycat buyer-broker commission settlement, even as litigation tied to the agreement continues to face challenges in federal court. In…
With the expectations for a spring boom in housing market activity higher than ever as of late, a new report from Realtor.com® has outlined the week of April 12-18 as the “best week to sell in 2026.” The report predicts a rebound in buyer demand as mortgage rates have remained on the lower end of…
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