The National Association of Realtors® (NAR), in a long-running lawsuit filed by a private listing startup, is now seeking to scrutinize the communications of the American Real Estate Association (ARA, a competing association that made headlines and grew rapidly in the wake of the Burnett verdict and scandals at NAR). In a court filing last…
A federal antitrust lawsuit challenging the National Association of Realtors®’ (NAR) mandatory membership structure is heading to appeals court after a Michigan district court judge threw it out earlier this year. Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent—Michigan-based brokers and agents—filed their opening brief June 19 with the U.S. Court of Appeals for the…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judge denies CoStar’s amicus brief in Zillow MRED Compass case On June 10, CoStar requested to file an amicus brief—a brief filed by a non-party, or a “friend of the court”—in the U.S.…
Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Housing omnibus bill one step closer to passage The U.S. Senate has advanced the latest version of the omnibus 21st Century ROAD To Housing Act by a vote of 87-8. A roll-call vote to…
Northwest MLS (NWMLS) on Thursday, defended its countersuit against Compass in the Western District of Washington, urging Judge Jamal N. Whitehead to allow the MLS’s fraud, Consumer Protection Act and tortious interference claims to proceed against the mega-brokerage in a high-profile battle over MLS policies that is likely to reverberate across the industry. Responding to…
WASHINGTON D.C. — A potential new Standard of Practice for Realtors® sparked debate amongst the members of the National Association of Realtors®’ (NAR) Board of Directors (BOD) at the 2026 Realtors® Legislative Meetings, with proposed change to disclosure requirements eventually withdrawn. The controversy came after a relatively quiet gathering in the nation’s capital, at least…
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. Startup asks homebuyers to host mini data centers in their backyards One of the largest current barriers to expanding the capabilities (or at least size) of frontier AI models is…
Nonprofit research organization The Conference Board’s Leading Economic Index (LEI) for the U.S.—which provides an early indication of significant turning points in the business cycle and where the economy is heading—increased slightly by 0.1% in May to 99.3, following a 0.2% increase in April, with plenty of uncertainty still around the future. After these two…
Harvard’s Joint Center for Housing Studies (JCHS) released its State of the Nation’s Housing Report 2026 on June 17 and revealed a market where activity remains restrained, demand is weakening and high costs are sidelining many would-be buyers and renters, even as new construction slowly chips away at supply shortfalls. In a livestreamed event the…
In his first Federal Open Market Committee (FOMC) meeting as Fed Chair, Kevin Warsh held rates steady and announced the formation of five task forces to review the Fed’s operations. He also stripped forward guidance from the policy statement entirely. The FOMC voted to maintain the federal funds rate at 3.5% – 3.75%, citing solid…
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