Borrower activity is typically projected to increase during the fall, especially the months of September and October. Realtor.com® researchers predict that this year’s “best time to buy” would begin next week, from Oct. 12 to 18. But mortgage applications have slowly begun to reduce in volume after a short-lived spike caused by the Federal Reserve’s…
The California FAIR Plan, which provides basic fire insurance to California property owners unable to obtain private insurance, has filed a proposal to increase insurance rates by 35.8%. If approved, this rate hike would begin April 1, 2026, making it the program’s largest rate increase in seven years. The California FAIR Plan alone only covers…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. FTC sues Zillow and Redfin, with states following the lawsuit lead On Sept. 30, the Federal Trade Commission (FTC) filed a lawsuit against listing portals Zillow and Redfin over an alleged anticompetitive agreement. The $100…
It would be prescient, if not a tad presumptuous, to say that Sarah Chaisson knew from the jump that hitching her career wagon to Anthony Lamacchia’s rising star was the right stratagem. After all, she was just starting out as a kindergarten and first grade teacher, something she loved. Suddenly becoming a glorified assistant in…
Compass’s acquisition of Anywhere could end up having a major impact on its lawsuit against Zillow, as the portal giant is seeking to determine if Compass contradicted its assertions about the value of private listings through the proposed mega-merger. A joint letter filed by the two companies to U.S. District Judge Jeannette A. Vargas in…
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