According to Redfin, 52.2% of February’s home listings sat on the market for at least 60 days without going under contract. Defining this as “stale inventory,” these types of listings have increased nationwide over the past year from 50.1%—marking the highest level in any given February since 2019, the portal said in a new report.…
A federal judge handed the National Association of Realtors (NAR) a major legal win today, throwing out a lawsuit by two brokers and an agent in Michigan, who had claimed that rules restricting MLS access violated federal and state antitrust laws. Douglas Hardy, Glenn Champion and Dylan Trent filed the lawsuit all the way back…
It’s been about 10 years since Brian Bair launched the iBuyer Offerpad, and three years since it went public. But like with so many other companies these days, suddenly AI has arrived to change how they do business in many ways, and to his way of thinking, there’s no staying static. It’s either get ahead…
Multifamily building continues to overshadow single-family new builds as challenges in supply chains and affordability persist in the housing construction industry, according to the latest data from the National Association of Home Builders (NAHB). NAHB’s Home Building Geography Index (HBGI) for both Q3 and Q4 2025 (delayed due to government shutdown) saw drops in single-family…
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 dismisses most claims in Louisiana three-way agreement antitrust suit A federal judge dismissed most of the claims in an antitrust lawsuit brought by four Louisiana real estate brokers who challenged the National…
Borrowers and buyers suing Zillow for alleged RESPA violations and racketeering laid out new arguments in court filings last week, largely focused on pushing back against the portal’s contention that their lawsuit lacks legal merit while emphasizing their case hinges on agents’ obligations to represent clients’ best interests. The case, composed of two consolidated class-action…
ERA Real Estate has named Eddie Wilder of ERA Wilder Realty in Columbia, South Carolina, as the first-ever recipient of its new Spirit of ERA Award. The award honors the legacy of Jeff Riber, who ERA said spent over 30 years with the brand, displaying dedication and passion, and leaving an impact still felt over…
If there’s one declaration most new real estate agents don’t want to hear after spending a lot of time with a homebuyer client it could very well be the following: “We’ve decided to rent.” On one hand, there goes a hefty commission. But on the other hand, while agents logically prefer sales, they can often…
A federal judge has dismissed the majority of federal claims in an antitrust lawsuit brought by four Louisiana real estate brokers challenging the National Association of Realtors®’ (NAR) mandatory three-way membership requirement for MLS access—though the door remains open for the plaintiffs to refile some of those claims. Chief Judge Shelly D. Dick of the…
In its lawsuit against Zillow focused on alleged infringement of copyrighted photos, CoStar Group is adding new allegations today, claiming that Zillow is continuing to “publish” images it has watermarked and identified, including some that were previously removed by the portal after the lawsuit was filed. Originally filed back in the June of 2025, CoStar…
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