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…
Consumer views on the economy continue to muddle for another month as the Iranian conflict looms over oil and gas prices, according to the latest Survey of Consumers from the University of Michigan. The index of Consumer Sentiment fell 6.6% month-over-month to 49.8 (from 53.3 in March), down 4.6% year-over-year and is “now comparable to…
Chicago-based MLS Midwest Real Estate Data (MRED) just announced a seemingly transformative nationwide expansion of its platform (and private network), aiming to give agents across the country access to an MLS-backed platform for so-called “pre-marketed” properties as the industry rapidly shifts toward these new options. In an announcement shared with RISMedia, Compass International Holdings (which…
If you’re a homeowner who thinks about risk, then you’ve probably looked into where your home sits relative to sea level. What about homes right on the coast? As climate change raises global temperature and sea levels continue to rise, coastal properties are naturally at the most risk. A few high-profile studies have even claimed…
A woman is suing Bank of America and a Virginia-based appraiser for racial discrimination, the latest Fair Housing-related lawsuit alleging that lenders and appraisers undervalue homes based on the race of the occupants. Darchelle Braxton, a Black woman who last summer attempted to secure a loan for home improvements on an investment property, claims an…
An average of 7.6% of potential homebuyers searching on Zillow also shop for rentals, according to Zillow’s new report on “dual shoppers,” highlighting the continued affordability challenges faced across the U.S. as buyers weigh their options. Overall, in the U.S., Zillow found that it is typically $415 cheaper to rent than own (including mortgage payments,…
Less than a month ago, a federal judge handed the National Association of Realtors® (NAR) a major win; now that win will be reviewed by a higher court. Douglas Hardy, Glenn Champion and Dylan Tent are pressing forward with their antitrust challenge to NAR’s MLS policies, filing a Notice of Appeal just three weeks after…
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A new survey from Coldwell Banker Real Estate suggests the mortgage rate “lock-in effect” that has constrained housing supply for the past several years may finally be starting to ease. The company’s 2026 Home Shopping Season Report, based on a survey of more than 700 active Coldwell Banker agents conducted between March 23 and April…
At a press conference on Wednesday, April 22 (attended virtually by RISMedia), Director of the Federal Housing Finance Agency (FHFA) Bill Pulte and Housing and Urban Development (HUD) Secretary Scott Turner announced that “effective immediately,” government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will begin accepting new credit scores, VantageScore 4.0 and FICO 10T, for…
Spring is the busiest season for home sales, but the ‘dream home’ narrative often ends abruptly once the inspector arrives. Visible mold or a history of moisture issues frequently leads to inspection contingencies, allowing buyers to back out or demand costly repairs, while lenders may refuse financing on affected homes. Restoration 1 owners Vanessa and…
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