The housing market continued to cool in March, with home prices posting yet another weak annual increase, according to the latest S&P Cotality Case-Shiller National Home Price NSA Index released Tuesday. The March S&P Cotality Case-Shiller Home Price Index saw a 0.7% year-over-year gain in home prices, down from a 0.8% rise in February. Month-over-month,…
Consumers’ view of the U.S. economy has been shaped by the ongoing conflict between the U.S. and Iran, which has boosted inflation in large part due to rising energy prices. The uncertain timeline for an end to the conflict has in turn led to an uncertain economic outlook, including by those at the Federal Reserve.…
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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow regains Chicagoland’s listing feed after court order On Friday, May 22, Judge John Tharp ordered MRED to continue feeding Zillow listings after Zillow filed a temporary restraining order against the MLS the…
Zillow is asking a federal judge for emergency relief after Chicago’s dominant MLS, Midwest Real Estate Data (MRED), cut off access to more than 30,000 residential listings, a move the online real estate platform characterizes as an illegal retaliation orchestrated with competitor Compass. In a motion May 21 in the U.S. District Court for the…
Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. ROAD to Housing Act back on the table An amended version of the housing omnibus bill currently known as the 21st Century ROAD to Housing Act has once more passed the House of Representatives.…
A new housing affordability index from the University of San Diego reveals that the total cost of homeownership surpassed renters’ income in some of the nation’s largest metros at the end of 2025. As the data shows, there’s a lot more that goes into the housing affordability equation that can make—or break—homebuyers’ ability to purchase…
Mortgage rates have fluctuated again this week, seeing an increase as inflation rose due to elevated oil, gas and energy prices due to continued geopolitical tensions, according to the latest data from Freddie Mac. Freddie Mac’s Primary Mortgage Market Survey® found that the 30-year fixed-rate mortgage (FRM) had increased from 6.36% last week to 6.51%…
Housing starts softened in April after March’s sharp increase, though year-over-year comparisons remain slightly positive as the housing market navigates shifting seasonal patterns. In the New Residential Construction report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, new housing starts were down 2.8% from March to a seasonally adjusted…
As mortgage rates and inflation remain elevated due to rising oil, gas and energy prices from the Middle Eastern conflict, the latest data from Mortgage Bankers Association (MBA) saw mortgage applications fall this week. MBA’s Weekly Mortgage Applications Survey saw mortgage applications decrease by 2.3% from one week prior, a 3% decrease on an unadjusted…
Another major acquisition, eXp acquiring NextHome, has reshaped the residential real estate landscape—and industry leaders are taking notice. In an exclusive RISMedia Industry Briefing, Leo Pareja, CEO of eXp Realty; James Dwiggins, president of NextHome; and John Featherston, founder and CEO of RISMedia, engaged in a lively conversation centering on the acquisition and what it…
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