While the labor market briefly bowed under pressure this summer, August’s jobs numbers have “rebounded in a big way,” as characterized by Realtor.com® Senior Economist Jake Krimmel. The latest Employment Situation Summary from the Bureau of Labor Statistics saw the U.S. add 162,000 jobs in August, with the unemployment rate unchanged at 4.1%. Employment specifically…
Less than a month after the same court upheld the National Association of Realtors®’ settlement in the historic Burnett lawsuit, the Court of Appeals for the Eighth Circuit has now also upheld the settlements in the Gibson commission lawsuit. The Gibson lawsuit is the main copycat of the Burnett case, originally filed on the same…
Delistings—the “ultimate sign of a non-functioning market,” according to Realtor.com®—appear to be slowing down as summer is coming to close, according to a new report by the portal. Realtor.com’s August 2026 Monthly Housing Trends Report found that delistings fell 12.6% year-over-year, and saw no “notable” spike in either July or August. The “quit rate” (delistings…
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. As an agent, you’re going to be presenting yourself as an expert in many facets of the business, but one of the strongest ways to attract clients has…
The new home market continues to face adversity due to economic challenges, as the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau saw sales reach a new low for 2026. New-home sales in July clocked in at a rate of 607,000, down 10.5% from June’s upwardly revised rate…
Homebuyers starting families have always come into the market with a checklist of needs and wants for their future home—number of bedrooms, bathrooms, yard, garage, etc. But they also often have needs and wants when it comes to location—walkability, schools, stores, etc. In a more affordability-challenged market over the past few years, these needs and…
When many economic indicators pointed to issues with inflation, the governors of the Federal Reserve’s Open Market Committee (FOMC) instead voted once again to maintain their “wait and see” approach in their most recent meeting. Newly released minutes from the meeting, however, reveal that three members of the committee did in fact advocate for a…
The plaintiffs who filed a recently dismissed lawsuit against Zillow over alleged steering to the portal’s mortgage services are looking to reopen the class action with an amended complaint, filed yesterday. The suit—originally filed back in November 2025 and later consolidated with another similar lawsuit Taylor v. Zillow—alleges that referrals to Zillow Home Loans are…
Above, from left, Chris Lim, Travis Saxton and Erik Carlson With The Real Brokerage’s acquisition of REMAX now officially approved by the shareholders of both companies, REMAX’s President and Chief Growth Officer Chris Lim departed the company after less than two years, with Real COO Jenna Rozenblat named president of the (not yet finalized) combined…
The mid-to-late summer housing market appears to be plodding along, as pending activity in July slipped to a low for the year, according to the latest data from the National Association of Realtors® (NAR). NAR’s Pending Home Sales report found that sales dipped 2.3% month-over-month and 2.2% year-over-year in July. This is the second month…
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