As mortgage rates surpass the 7% threshold and revisions to the latest jobs report reveals a lackluster employment trend, buyers have continued to traverse a chaotic market with rising inflation against them. Yet, a recent study by nationwide mortgage lender and loan servicer Newrez reveals that despite financial struggles, homeowners are still confident in their…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. Typically, the real estate industry enters a slower period as the end of the year approaches. The cold seasons bring a deceleration in sales and other activity, and September ushers in the transition period between the…
Above, from left, Rajeev Sajja, Marki Lemons Ryhal, Amy Gromowski, Matthew Rathbun and Charles Oppler. Photos by AJ Canaria. WASHINGTON, D.C.—Real estate brokerages can’t treat AI as a shortcut, or they’ll expose their agents and companies to untold risks, a panel of industry experts said during RISMedia’s 38th Annual CEO & Leadership Exchange on Oct.…
Above, from left: Sean McRae, John Featherston, Chris Kelly, Creig Northrop, Ben Silva. On-screen: Synthetic humans JackAI and Mae. Photo by AJ Canaria. Artificial intelligence has moved well beyond the chatbot—ushering in what RISMedia Founder and CEO John Featherston likens to a modern-day Industrial Revolution. During RISMedia’s 38th Annual CEO & Leadership Exchange last week…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Better drops challenge against Vishal Garg The Better Home & Finance Holding Company (commonly known as Better) announced in an Oct. 5 press release that their Special Committee withdrew its challenge to the…
Unemployment continues to remain steady around the 4% range, according to the Bureau of Labor Statistics (BLS). The latest Employment Situation Summary from the BLS reports that the unemployment rate grew slightly—but not dramatically—to 4.2%, with the addition of 29,000 jobs. Previously, the unemployment rate sat at 4.1% for August. Categories like construction and manufacturing…
Zillow has encountered a roadblock in its effort to dismiss a class action lawsuit alleging steering in regards to the portal’s Premier agent programs and its Home Loans business. The portal filed a motion to dismiss the suit back in June, claiming that the plaintiffs “fail” to plausibly argue their claims of state and federal…
Following a not-so-rosy monthly report in August, nonprofit research firm The Conference Board’s Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, wasn’t much better news in September, fell by 6.7 points to 81.9, down from 88.6 in August. The Present Situation Index—based on consumers’…
Above, U.S. Senator Jeff Merkley As interest rates rise and homeownership becomes increasingly out of reach for many, policymakers continue to search for ways to address the affordability crisis. In the latest legislative action aimed at housing affordability, U.S. Senator Jeff Merkley (D-OR) and cosponsor Sen. Ron Wyden (D-OR) introduced an initiative that could provide…
The S&P CoreLogic Case-Shiller Index, the flagship measure of U.S. home prices, recorded a 1.9% annual gain for July 2026, up from a 1.6% rise in the previous month. Home values fell in real terms for the 14th consecutive month, as July’s 3.4% inflation ran roughly 1.5 percentage points above the 1.9% home price gain.…
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