NAR scores another court victory over membership rules
A Pennsylvania judge dismissed a 2024 case challenging mandatory membership requirements just a week after a similar…
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Redfin already funneling customers to Rocket, CEO says
In just three weeks, nearly 200,000 people clicked the new “Get Prequalified” button on Redfin listings, sending new…
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Housing market could remain ‘stuck’ until 2026
The latest economic and housing data suggests that home sales will continue to plod along at a slow pace as buyers and…
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A 16-year MLS exec prepares to hand off CEO role
Merri Jo Cowen, who leads Florida’s Stellar MLS, will step down next year to focus on promoting global MLS practices.…
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Compass reports best-ever quarter, takes aim at portals
Revenue was up 21.1%, profits more than doubled and agent count surged in Q2. CEO Robert Reffkin also took time to blast…
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AI that replaces ‘human hires’; another brokerage deal for Canva
Luxury Presence unveils “autonomous AI marketing team” for agents. Plus, Anywhere adopts Canva, York Baur joins Lone…
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Fed resists pressure to lower rates at July meeting
Despite increasing calls for cuts, Fed Chair Jerome Powell held steady on rates as inflation remains elevated, and he…
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CoStar sues Zillow over photos, claims ‘systematic infringement’
The suit revolves around nearly 50,000 watermarked rental images that CoStar alleges Zillow is using illegally — and…
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The market is changing — and the industry’s old rules are outdated
Buyers have more leverage now than in recent years, but economic concerns are making them cautious in their home…
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RE/MAX revenue continues to slip despite agent gains
While revenue fell 7.3% in the second quarter, profits and margin performance were up, and global agent count reached an…
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