The Personal Consumption Expenditures (PCE) Index, which is the Federal Reserve’s preferred gauge of inflation, rose to 2.8% in September on an annual basis. According to data from the Commerce Department released Dec. 5, core PCE rose 0.2% over the previous month. The report, delayed by the government shutdown, seemingly gives a further green light…
The Government Accountability Office (GAO) has launched an investigation into Federal Housing Finance Agency (FHFA) Director Bill Pulte over concerns he may have abused his position and government resources to target political opponents of President Donald Trump with criminal accusations. The probe, confirmed this week by the GAO—Congress’s independent investigative arm—and reported by Reuters follows…
From left to right: Lennox Scott, Jennifer Branchini, Mark Woodroof, Kendall Bonner, Anthony Lamacchia and John Featherston Over the course of its 37 years, RISMedia’s Power Broker Forum has served as a vehicle for confronting the many issues and challenges facing the residential real estate brokerage business, offering insights and strategies from many of the…
The industry is two years post the historic outcome of the Burnett trial, and more than one year post-practice changes from the National Association of Realtors® (NAR), but the conversations surrounding commissions and compensation have yet to cease. Many could not agree a year ago how the changes in policy (i.e., the requirement of broker-buyer…
It has been hard to predict the housing market in recent years. From the fastest ever tightening of interest rates in 2022, which brought the pandemic boom market to a screeching halt, all the way through tariff panic that appeared to derail the 2025 spring buying season, experts have had a difficult time anticipating shifts…
Four Louisiana real estate brokers have filed a supplemental motion in federal court, seeking to add newly available legal authority and factual developments to their ongoing antitrust case against the National Association of Realtors® (NAR) and several Louisiana-based real estate associations. The case, filed in January 2025, in the U.S. District Court for the Middle…
In a switch-up from the company’s previous stance, CoStar has filed an agreement to move its copyright infringement lawsuit against Zillow to Seattle, Washington. In a notice of non-opposition filed Dec. 2, CoStar stated it agrees to transfer the case to the Western District of Washington “in light of new information disclosed by Zillow in…
Home purchase application activity fluctuated over the Thanksgiving holiday period, both increasing and decreasing over the past few weeks. This week mortgage activity saw a slight decline. According to the latest Mortgage Bankers Association (MBA) report, the Market Composite Index—the measure of mortgage loan activity volume—decreased 1.4% from one week earlier on a seasonally adjusted…
As the National Association of Realtors® (NAR) seeks to execute what the organization has described as a significant and broad-based turnaround, financial disclosures from 2024 provide the first glimpse into how—or if—that effort is showing up on the balance sheet, as Realtors® (and big brokerage leaders) closely scrutinize decisions made by NAR after multiple scandals…
Just over a year after launching its climate risk feature, Zillow has quietly removed its Climate Risk Scores directly from the platform’s listings, and now instead directs users to First Street’s website—which Zillow called “the standard for climate risk financial modeling”—where they can individually access risk assessments for flood, wildfire, wind, heat and air quality…
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