Jerome Powell’s tenure as chair of the Federal Reserve concludes on May 15, bringing the eight years he has spent in the role to a close. Since the second Trump administration commenced, Powell (who was appointed to the Fed by Trump in 2018) has come under criticism from the President for, in Trump’s view, a…

The post Trump’s Nominee to Lead Federal Reserve Confirmed by U.S. Senate appeared first on RISMedia.

Read More

Rules surrounding the public marketing of listings is a hot and divisive topic in the real estate industry, one that state lawmakers are weighing in on. Connecticut, for instance, is on the verge of passing a bill that sets new rules on this front; passed by both houses of the state legislature, it awaits either…

The post Connecticut on Verge of Passing Private Listing Bill appeared first on RISMedia.

Read More

In the wake of the news that MLSs Midwest Real Estate Data (MRED) and Realtracs  were partnering with Compass (additionally with United Real Estate for Realtracs) to take their platforms nationwide, the industry has been buzzing. The potential of further nationwide MLSs and the expansion of pre-marketed listings has been one of hottest topics. Now,…

Read More

Editor’s note: AI Pulse is RISMedia’s ongoing roundup of AI happenings, providing trends and real-world use cases to help navigate the rapidly evolving AI landscape. Why ChatGPT gave opposite answers to a buyer and seller on a $50 million deal It is a frustrating situation that nearly every agent is familiar with: a client trusts…

Read More

The high-profile, industry-shaking battle between mega-brokerage Compass and dominant portal Zillow is back in the courtroom, as Zillow is asking a court to block a major MLS from cutting off its listing feed, claiming that Compass is engaging in an “illegal conspiracy” to promote its private listing and undermine Zillow. The 52-page lawsuit, which Zillow…

Read More

Above: CRMLS CEO Art Carter Back in 2020, the Clear Cooperation Policy (CCP)—compelling agents to submit properties to the MLS within one day of public marketing—recieved immediate pushback. But the headlines mostly centered on the reactions of ostensible outsiders, including listing startups that filed lawsuits and antitrust law enforcement that flagged the policy as potentially…

Read More

Inflation shot up once again in April as energy prices continue to see large jolts both monthly and yearly, according to the latest data from the Bureau of Labor Statistics. Economists warn the country may now be facing an “inflation contagion,” with the path ahead murkier than before.  The Consumer Price Index’s (CPI) all items…

Read More

Lending giant UWM Holdings Corporation (UWM) has cranked up the pressure on Two Harbors Investment Corporation (TWO), raising its acquisition bid to $12.50 per share in an attempt to derail a competing deal with CrossCountry Mortgage and push the Two Harbors board back to the negotiating table. In an open letter to Two Harbors stockholders,…

Read More

Above: HomeServices of America CEO Chris Kelly at RISMedia’s CEO & Leadership Exchange Event in 2025. Minnesota-based brokerage giant HomeServices of America and Texas-based franchisor Keller Williams has announced they are joining a “listing data interface” that will replace MLS entry with a “controlled, brokerage-level environment,” while still promising full support and compliance with local…

Read More

While home sales may not be booming in spring like many real estate professionals hoped for, according to the latest data from the National Association of Realtors® (NAR), inventory continues to increase as the potential for a strong summer market grows. NAR’s April Existing-Home Sales report saw a 0.2% month-over-month increase in sales to a…

Read More