Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. -Mortgage industry advocates are warning that fee hikes on credit reporting services could be a significant blow to an already struggling housing market. Mortgage lenders are reporting price increases of up to 50% for…
It has been hard to predict the housing market in recent years. From the fastest ever tightening of interest rates in 2022, which brought the pandemic boom market to a screeching halt, all the way through tariff panic that appeared to derail the 2025 spring buying season, experts have had a difficult time anticipating shifts…
In a short and somewhat brusque court filing yesterday, the National Association of Realtors® (NAR) asked a federal judge to ignore the request of Michigan-based brokers suing the organization over MLS access rules, characterizing their reference to recent MLS rule changes as technically inadmissible and broadly irrelevant to the case. The curt, three-page response comes…
As the National Association of Realtors® (NAR) seeks to execute what the organization has described as a significant and broad-based turnaround, financial disclosures from 2024 provide the first glimpse into how—or if—that effort is showing up on the balance sheet, as Realtors® (and big brokerage leaders) closely scrutinize decisions made by NAR after multiple scandals…
In the late stages of a lawsuit against eXp alleging the brokerage allowed and covered up sexual assaults at company events, eXp is seeking to have a new charge of fraud dismissed. In a third amended complaint filed late October, plaintiffs claimed that eXp executives lied both privately and publicly about investigating allegations of multiple…
A lack of inventory and an affordability crunch since the pandemic have affected the housing market in many ways, few of them positive for buyers. But one interesting dynamic remains pricing between new builds and existing homes—with existing homes historically much cheaper. Despite a welcome surge in inventory overall, the price of a new build…
RealPage, one of the largest property management software companies in the country, is settling an antitrust lawsuit with the Department of Justice (DOJ) Antitrust Division, according to two separate releases from the DOJ and RealPage yesterday. In August of 2024, the DOJ along with attorneys general in eight states sued RealPage, alleging that after a…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Four days of testimony set battle lines in Zillow-Compass showdown With top executives, brokers and a mob of journalists packing a high-rise federal courtroom in Manhattan last week, the public got its first glimpse of…
With Compass and Zillow locked into a high-stakes fight over listing restrictions and market power, company executives testified in federal court for the third day yesterday as Compass leadership addressed the specifics of its private listing-focused strategy, from alleged harm to its business from the Zillow rules, to how it communicated with agents. The trial—officially…
After the National Association of Realtors® (NAR) made comprehensive updates to MLS policies—saying that most are meant to “modernize” and remove “outdated practices”—brokers who are currently suing NAR are citing the changes as an acknowledgment that these policies ran afoul of the law. In a court filing yesterday, lawyers representing three real estate professionals in…
Before the new year comes around, now is the time to step back and evaluate your tech stack, from your CRM and marketing automation tools to your showing schedulers and AI assistants. Read more.
