AI has entered the real estate chat—and it doesn’t appear to be going anywhere anytime soon. While some say the AI bubble may burst in the next year or two, that’s not the feeling you get perusing real estate tradeshow exhibit halls where vendors pitch AI solutions for just about everything. Whether it’s the promise…
Despite home prices remaining historically high, new research from Zillow shows that more and more homes are losing value in the U.S. in 2025, signaling some normalization coming to the housing market. Zillow’s new report—based on Zestimate® data—found that 53% of all U.S. homes have lost value since 2024. This is the highest share of…
The recent government shutdown—coupled with economic uncertainty due to tariffs and rising construction costs—has kept builder sentiment down this month, according to data from the National Association of Home Builders (NAHB). The latest NAHB/Wells Fargo Housing Market Index (HMI) found that builder sentiment rose only one point to 38 in November, remaining in the negative…
At the next Federal Open Market Committee (FOMC) meeting Dec. 9-10, the final one of 2025, the voting committee will decide whether to adjust interest rates—with one voting member, Federal Reserve Governor Christopher Waller, already making his voting intentions clear. In a Monday, Nov. 17 appearance at the Society of Professional Economists held at Oxford…
HOUSTON—The National Association of Realtors® (NAR) wrapped up its annual conference Monday with the Board of Directors (BOD) approving sweeping policy changes, many explicitly as part of an “antitrust risk assessment” effort. Most notably, the association, today, announced the approval of 18 comprehensive updates to the Multiple Listing Service (MLS) Handbook, constituting the most extensive…
Buoyed by the reopening of the government on Thursday, a bit of optimism was in the air at NAR NXT, where Chief Economist Dr. Lawrence Yun predicted a 14% increase in existing-home sales in 2026, along with a 5% increase in new-home sales, a 4% increase in the median home price, and mortgage rates settling…
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The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow and Compass hearing begins Tuesday, Nov. 18 On Tuesday, Nov. 18, Compass and Zillow will meet in court for a scheduled four-day hearing held in New York City, the latest round in the ongoing…
HOUSTON—In a highly anticipated move, today, the National Association of REALTORS® (NAR) has adopted a new 2026-2028 strategic plan that promises to modernize the organization and transform the member experience. Approved unanimously by the NAR Executive Committee, the plan is set for implementation on Jan. 1, 2026. “NAR is rebuilding trust by executing the largest…
A little over a week after Zillow sought to clarify its discussions with Chicago-based Midwest Real Estate Data (MRED) over restrictions on private listings, the MLS appears to be digging in, as this week MRED CEO Rebecca Jensen sent an emotional open letter to members defending its private listing network against a “one-size-fits-all model.” With…
Despite the dizzying pace of adoption and the breathless prognostication of the enormous benefits to humanity of artificial intelligence (AI), I can’t escape the sinking feeling that AI is actually making us…well, dumber. The problems with AI aren’t what you think AIs are programmed by humans–which means that just like those little genetic DNA markers…
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