After being found guilty on all charges of sex-trafficking earlier this year, the Alexander brothers were formally sentenced to 30 years in federal prison on Tuesday, the culmination of a high-profile investigation and trial related to numerous sex crimes and abuses against women spanning multiple years. The 39-year-old twins Oren and Alon Alexander, along with…
According to Opendoor’s July 2026 housing guide, September through November offers a favorable balance between available homes and prices, as summer listings remain on the market and buyer competition eases. A study found that since 2021, the traditional summer housing peak has shifted earlier toward spring. Researchers identified stronger spring activity in home prices and…
New York-based OneKey MLS joined California Regional Multiple Listing Service (CRMLS) as a plaintiff in its federal lawsuit against Compass Tuesday, with the MLSs filing an amended complaint in Manhattan federal court asking a federal judge to declare their “clear cooperation” rules lawful. The complaint escalates the MLSs’ legal fight with Compass, the nation’s largest…
With less than two weeks until the midterm elections, the Trump Administration rolled out an executive order (EO) aimed at making some housing costs more affordable. The mortgage industry welcomed some of the proposals, such as mortgage insurance cancellation for homeowners and reducing interest rates on some federally backed loans, but the general feeling is…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR wants Compass’s data and depositions on private listings, CCP Compass is not directly involved in a long-running lawsuit filed by the now-defunct PLS.com, which sued the National Association of Realtors® (NAR) and…
As the Federal Reserve gathers for their two-day meeting to decide on potential changes to interest rates, new-home sales may figure into their discussion after a month of minor declines. The latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau show that new-home sales throughout September fell 0.6% on…
Above, from left: Michael Wurzer, Melissa King, Cameron Paine, Justin Landon, Garry Marsoubian. Photo by AJ Canaria. As the real estate industry continues to change, the role of the MLS is evolving right alongside it. Recent legal action, as six MLSs join together in a federal lawsuit against Compass and the mega-brokerage’s broader campaign to…
Four brokerage giants are launching what they call “shared infrastructure” to keep listings shared broadly, seemingly in direct opposition to Compass and its campaign to undo cooperation-focused rules, in an initiative dubbed “Open Real Estate.” The four companies founding the initiative are Keller Williams, AGNT (parent of eXp and NextHome), HomeServices of America and Real…
Pricing discussions with sellers is both an art and a science. Comparable listings data have always played a key role in determining asking price, as do algorithmic tools like automated valuation models (AVMs), but real estate agents say those values are a useful starting point—not a final valuation. That’s where their local knowledge about a…
Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Midterm mortgage moves. With the midterm elections approaching fast, President Donald Trump signed an executive order Thursday aimed at cutting costs for title and mortgage insurance and manufactured housing. Titled “Decreasing Housing Costs for the…
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