Following on the heels of hedge fund investor Third Point’s recent demand that CoStar Group exit its Homes.com-led residential business entirely, a second hedge fund investor, the New York City-based D.E. Shaw Group, has voiced the same opinion. Even with CoStar firing back at Third Point, saying its demands reflect “their complete misunderstanding of our…
Forces other than mortgage rates can impact homebuying activity, and this past week was a good example of that, as experts surmised that a big winter storm hitting a large portion of the country likely prevented people from applying for a mortgage. According to the latest Mortgage Bankers Association (MBA) report, the Market Composite Index—the…
High home prices have been a consistent barrier in the housing market as of late, but with 2026 shaping up to see improvements market-wide, prices have begun to slow on their appreciation. In accordance with recent reports, the latest home price data from the National Association of Realtors® (NAR) saw a slight fall in price…
Ryan Schneider, the CEO who guided Anywhere Real Estate through significant industry challenges and strategic repositioning, has departed the company per an agreement set as part of its acquisition by Compass in January. The move was not publicly announced by Anywhere, but Schneider updated his LinkedIn profile to reflect his January exit. Anywhere’s chief technology…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Plaintiffs in consolidated commission case push for settlement approval Gibson v. NAR, the largest copycat case of the Burnett commission lawsuit filed in the same Missouri District Court overseen by Judge Stephen Bough,…
At a moderated talk held by the Rotary Club of Atlanta, retiring Federal Reserve of Atlanta President and CEO Raphael Bostic argued that the economy is in a “resilient” place, with a feared recession that “just hasn’t happened.” That resilience from 2025 will carry through to 2026, Bostic forecasted. Noting his conversations with business leaders,…
Home-price growth continues to decelerate from the record highs of recent years. Matching up with the latest Case-Shiller index, the latest data from the Federal Housing Finance Authority (FHFA) found that home-price growth remained slower both monthly and yearly, with some upticks seen regionally. The FHFA’s House Price Index (HPI) found that home prices rose…
Keller Williams Realty, LLC has agreed to pay $20 million to settle a class-action lawsuit brought by homebuyers alleging a decades-long conspiracy to fix real estate broker commissions and inflate home prices, according to court documents filed Feb. 2 in the U.S. District Court for the Northern District of Illinois. The settlement provides monetary compensation…
At the January Federal Open Market Committee (FOMC) meeting, the Federal Reserve chose to keep interest rates unchanged. Recent monetary policy decisions have been facing conflicting incentives; the Fed’s mandate is maximum employment and price stability, but the labor market has been showing signs of weakness as inflation has also been going up or staying…
Despite signs of housing market normalization on the horizon, many consumers still feel constrained by affordability challenges. Consumers report that lower incomes, higher mortgage rates and a lack of supply in the market remain their biggest hurdles to affording a home, according to Bright MLS’s latest consumer survey. The MLS’s latest survey of 3,000 Americans…
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