Uncertainty is in the air as the government shutdown persists, with many on edge waiting for the Federal Reserve’s next meeting and a potential interest rate cut. Despite the delay of most government data releases that help the Fed determine rate cut decisions, the latest Consumer Price Index—an inflation gauge from the Bureau of Labor…
CoStar is providing a more forceful—and specific—pushback against accusations by Zillow that the company’s 3D home tour subsidiary, Matterport, blocked users from uploading tours on third-party websites, as earlier this week, one of the nation’s largest MLSs sought to remove CoStar-created media, before quickly reversing course. After Zillow on Monday removed Matterport tours from its…
A lawsuit filed Oct. 21 in San Bernardino County, wherein REcore Solutions LLC—the vendor who provides licensing services for California Regional Multiple Listing Service (CRMLS) and other MLSs—claimed breach of contract relating to failed payment against Homes.com and its parent company CoStar Group, has been dismissed with prejudice, meaning CRMLS cannot file a new lawsuit…
While homebuying remains one of the most prominent and desired milestones for Americans, sometimes people will have regrets about their choice. Experts from Highland Cabinetry explain five reasons that could lead to buyer’s remorse, highlighting the most common mistakes that agents should alert clients about in order to hopefully gain referrals and future business from…
The latest report from the National Association of Realtors® (NAR) on existing-home sales today revealed a 1.5% month-over-month increase in September, and a 4.1% year-over-year increase in sales–key factors that could signal growing buyer confidence and demand as mortgage rates ease. “As anticipated, falling mortgage rates are lifting home sales,” said NAR Chief Economist Lawrence…
Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Road to Housing bill passes Senate On Friday, October 10, 2025, the U.S. Senate passed the Road to Housing Act as part of a larger legislative package. The bipartisan bill is a comprehensive housing…
A protracted legal battle over whether real estate professionals can create and share floor plans when marketing homes finally ended Monday after the Supreme Court declined to revisit an appellate court’s decision allowing the practice. The high court’s refusal to hear the case reconfirms the January ruling from the Eighth U.S. District Court of Appeals…
With the future of Fannie Mae in flux due to President Trump’s stated desire to potentially privatize it, CEO Priscilla Almodovar stepped down as the head of the mortgage giant on Oct. 22, with Peter Akwaboah, Fannie Mae’s current COO, appointed to the additional role of acting CEO of Fannie Mae, according to William J.…
Affordability continues to be at the forefront of everyone’s mind, as the U.S. housing market steadies but remains more expensive compared to pre-pandemic conditions. As the 30-year fixed-rate mortgage (FRM) has fallen from recent highs—clocking in around the low-6% range—potentially making homeownership more affordable, U.S. cities are also some of the most renter-friendly worldwide. A…
Prior to the summer of 2024, home sellers were typically responsible for paying the commission for both their own agent and the buyer’s agent, and both sides of the transaction usually involved a traditional full-service agent. Agent commissions also remained (somewhat) consistent, generally hovering around 5% – 6% of a home’s sales price. Following the…
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